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11 January 2025 | 1 reply
Although, some of the information was not required either time and some was required both times.
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9 February 2025 | 15 replies
Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.
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9 February 2025 | 14 replies
A lender is required to establish the ATR of a borrower when it will be their primary residence.
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28 January 2025 | 13 replies
Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.
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14 January 2025 | 8 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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6 February 2025 | 7 replies
Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.
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22 January 2025 | 16 replies
We require them for any tenant over 18 years old.
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16 January 2025 | 3 replies
Just make sure you have all the required permits, including alcohol.
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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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20 January 2025 | 16 replies
That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.