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31 January 2025 | 2 replies
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
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3 February 2025 | 3 replies
LLCs tend to be beneficial for financing options if using hard money as it can be required depending on the program.
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29 January 2025 | 4 replies
Looks like a good service but they seem to require a minimum of a 100 doors?
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4 January 2025 | 9 replies
Yes, sewer clean outs are required on new construction, but on a 1947 rehab house that didn’t have existing clean outs, is it really possible that I can be required to install them?
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7 February 2025 | 14 replies
Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).
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6 February 2025 | 11 replies
I also require additional security deposit and sometimes a guarantor if they were approved in this manner.I also agree that this situation sounds like a pattern not a one-time mistake or short term tough situation that caused this.
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21 February 2025 | 17 replies
Creative financing: Explore seller financing or subject-to deals for your next property, which often require less upfront cash and bypass traditional lending limits.You’re on the right track thinking long-term—house hacking and leveraging your duplex are great moves.
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31 January 2025 | 6 replies
Assuming 7.5% interest rate, the negative leverage would require you to put way more than 20% down just to break even.
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3 February 2025 | 6 replies
The lease should have a provision that requires the T to comply with HOA rules.
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3 February 2025 | 7 replies
A BRRRR could maximize returns by recycling capital, but it requires solid execution.