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21 December 2024 | 20 replies
If the laws are still concerning to you, then buy a commercial property, like an office or industrial property, in your area.
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14 December 2024 | 13 replies
I'm in the process of building my portfolio into the program but am concerned on it being a turn-key property accounting software.
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14 December 2024 | 7 replies
I know someone recently who had a NY loan and they could not find a servicer to touch it because it was being self serviced - so they had no way of selling it as no investor would take on that risk.The other concern is usury laws.
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15 December 2024 | 3 replies
One concern I have is knowing when and how I should go about refinancing an FHA loan.The reason for an FHA loan is because though I have enough for a down payment I am not ready to commit all of it.
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16 December 2024 | 6 replies
So this is a concern I have.Also, I’m unsure of the timing of the sale of my vacant lots and the gap of time in between closing.
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16 December 2024 | 4 replies
The the transition was seamless and since I know the tenants already had to pass their screening process, I was not concerned about inheriting these tenants.
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17 December 2024 | 9 replies
Like Greg mentioned, I would be concerned with his/her responsiveness while I was living there.
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16 December 2024 | 9 replies
When you are small, there really isn't many concerns other than not knowing how to manage the properties properly.
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13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
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15 December 2024 | 4 replies
During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.