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29 January 2025 | 0 replies
How do you define financial freedom?
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28 January 2025 | 1 reply
The way I interpret the following policy clause is that so long as the property is defined as other than "VACANT" which is the case when the property is being "constructed, altered or repaired", the 30-day time period and vacant status does not apply in this instance: We do not insure any loss at your premises if your dwelling has been vacant for more than 30 consecutive days immediately before the loss and the declaration page indicates an occupancy other than “VACANT“.
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11 February 2025 | 6 replies
You just need to define your product to hit a certain segment and not all.
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2 February 2025 | 4 replies
So, transferring title to an LLC is a transfer as defined by most mortgage or deed of trust documents as a trigger of the so called due on sale clause.
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30 January 2025 | 19 replies
Check out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/
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5 February 2025 | 28 replies
Other places to look are Interior Define, Living Spaces, West Elm, Nathan James and Albany Park.
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3 February 2025 | 15 replies
Start by defining your goals—cash flow, appreciation, long-term holds?
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11 February 2025 | 20 replies
And here is a PDF explaining it for both Fannie Mae and Freddie Mac: https://www.radian.com/-/media/Files/Enterprise/Training/QRG...Understanding Foreign Income Foreign income is defined as income earned by a borrower who is employed by a foreign corporation or a foreign government and is paid in foreign currency.
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6 February 2025 | 12 replies
.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?
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13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.