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13 January 2025 | 17 replies
If I use a RMLO service I assume they cover the Dodd Frank and other consumer rules?
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26 December 2024 | 13 replies
You'll have proportionally less upside and thus less room to cover errors and overruns on a project with a new team you'll be far away from.
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1 January 2025 | 36 replies
Picture this: 3 pools and hot tubs, a dynamic game room, a versatile venue, pickle-ball courts, outdoor theater, mini-golf, and more.
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8 January 2025 | 11 replies
**Tenant Screening**: The Section 8 program will cover a tenant's rent, but that doesn’t mean you should skip tenant screening.
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8 January 2025 | 9 replies
If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.
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30 December 2024 | 7 replies
Condition, pictures, any financials they can provide.
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15 January 2025 | 29 replies
I am still obligated on the interest payment regardless of how much has been deployed but that is worked into the fund proforma and can be covered by deal cashflow.As to resale price, one of the last one's I did I sold for $125K and had a private loan for $85K which I wrapped.
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11 February 2025 | 183 replies
Now would you be interested in putting up a few pictures?
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4 January 2025 | 1 reply
Our insurance has been canceled on this home and we are working on getting insurance to cover when this current one ends.
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7 January 2025 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.