Asma Shah
Section 8 investing in Cleveland
14 December 2024 | 36 replies
And they just increased their rental limits to try and keep pace with cash tenants, so if Section 8 is part of your strategy, now is a great time.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Especially in eastern PA where competition and inventory can be tough.If you have 80K, spending 60-65 max should be your limit.
Jaskanwal Preet Singh Chhabra
Permitting for adding more rooms without changing sq ft
13 December 2024 | 13 replies
They actually have pretty limited reach as of now and focus primarily on major metro areas.
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
Most investors focus on what can they buy now with their available capital instead of simply what is the best investment for their capital without limitations.
Matthew Kwan
Rates being the FULL STORY?
8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.
Michael Perry
New Member Introduction
6 December 2024 | 4 replies
The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.
Devon Shives
Should I get a cash out refi to buy more property?
13 December 2024 | 16 replies
@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Aging reports would be another avenue to explore, but again, may not even have these.Lastly, while maybe this property is in a desirable area of town with strong demand from highly qualified tenants, but I get the impression this is a rough part of town, with very limited demand from tenants.
Tom Evans
Does a shared well agreement prohibit STR usage?
8 December 2024 | 4 replies
It's outside Scottsdale city limits (Maricopa County jurisdiction) so it is not subject to Scottsdale's restrictions.It does, however, have a shared well agreement with one other parcel (as almost all in this area seem to).
Lisa Ngo
Umbrella Policy for Out of State Rental Property
6 December 2024 | 11 replies
Try USLI they were great until they limited liability at $1M if you have a pool.