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22 November 2024 | 12 replies
Most of my renters choose #1 because it provides a clean break.I document everything and I don't accept the early termination notice or start the clock until they pay the termination fee.
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10 December 2024 | 100 replies
And who is verifying information with tax records and the seller, securing disclosure documents, and entering the property into MLS and any showing applications?
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23 November 2024 | 3 replies
When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.
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25 November 2024 | 19 replies
Hopefully, you've approved a bid they submitted, so the cost is fixed - unless they can document the need for acceptable change orders.If they are charging hourly, then, yes, they may be able to charge you more the longer it takes.Keep in mind, your PMC is unlikely to have an exterminator and other licensed contractors on staff.
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22 November 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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21 November 2024 | 9 replies
Document every incident and move on.
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25 November 2024 | 7 replies
Again, have to be self employed to do this AND rates are higher on these loans.You will be able to add back your paper losses on your rental business by your lender using this form (if they are competent which not all when it comes to investment real estate) : https://content.enactmi.com/documents/calculators/Form1038.C...
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25 November 2024 | 14 replies
Obviously, I am going to be very, very diligent about getting all the documents necessary and looking over the area as we get farther into the process.
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26 November 2024 | 17 replies
Banks like to match short term assets with short term liabilities, and vice versa.I don't believe that DSCR loans are "expensive", but they do require a more thorough underwriting and higher amount of financial documentation other private and hard money loans.It generally helps to have a Fractional CFO or Loan Consultant (not a broker) that will work on your behalf to negotiate better DSCR terms and rates.
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22 November 2024 | 5 replies
Is there any document within the BP website?