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20 February 2025 | 4 replies
I moved to miami and it's tough to do here columbus land is cheap. lower than lenders even require our buyers have to come up with additional equity just to close the loan. not sure austin's economics but happy to look at a case study with you to see if it's feasible
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9 February 2025 | 4 replies
If they do need financing, then speak with your lender about their new build financing options.
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24 January 2025 | 4 replies
You will have to source these properties from a wholesaler, where you will have to put down hard non refundable assignment money at the assignment of the contract, or source them yourself.The steps to follow for a subject 2 property are as follows:1.
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20 February 2025 | 20 replies
They responded by calling me a tattle tail, said that I was way out of bounds and now, 4 months later there is a non working boat, a crashed car and numerous piles of dog poo in the yard.
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22 February 2025 | 5 replies
Probably approaching $100k in total.My options seem to be sell and pay an additional ~70k out of pocket to the lender (underwater amount) or make the repairs and hope the problem is corrected once and for all.
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21 January 2025 | 5 replies
well if I ever make it to the Smokies to see what the draw is I will rent a condo then :) I am just guess but I suspect folks that go there want to be in the woods and hear the birds and maybe some local mtn views etc.. or some sort of privacy they never get at home out east were there is not very much public lands close to where they live in the big city. ????
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13 February 2025 | 10 replies
Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.
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10 February 2025 | 7 replies
There are always private money lenders there and people who will partner up on a deal.
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26 February 2025 | 3 replies
Unlike HELOCs on a primary residence, investment property HELOCs tend to have higher interest rates, stricter terms, and the risk of being frozen or called due by the lender.