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26 January 2025 | 3 replies
Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to include that down payment alongside all other costs (closing, rehab, etc).
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29 January 2025 | 9 replies
Duplexes have less risk: Mainly because you have less tenant risk (but we will address that on the next paragraph).
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29 January 2025 | 59 replies
I have 4 single family homes rented and rehabing 2 currently, in the pee dee area.
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15 January 2025 | 5 replies
* Are there creative solutions landlords use to address tenant concerns about parking in this area?
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24 January 2025 | 12 replies
They use a credit system where they give free skip tracing for 250 numbers+250 emails+250 email sends (which is nothing) then you are paying .08c for 1 number or email or address.
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17 January 2025 | 11 replies
If not, what would the post-rehab rents be?
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26 January 2025 | 12 replies
I am an agent in Huntsville and can try to help with the comps if you want to send me the address.
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29 January 2025 | 14 replies
Now that is taken care of; time to address the renter's insurance.As mentioned by someone above, you can be listed on the policy as insured or interested party.
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27 January 2025 | 4 replies
Expect to spend another ~$8K for that.If you are planning to close all-cash and bring enough cash with you for operating expenses and rehab, you are looking at a minimum capital raise of about $3M and that is for a cheap 32 unit.
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23 January 2025 | 165 replies
Also SOP for such is individual property owners will, individually, address total site cleanup in concert with there insurance providers.