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28 August 2024 | 7 replies
You can use an LLC, no tax returns, DTI, or employment checks are required.
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30 August 2024 | 16 replies
If the landlord is paying any utilities that are based on usage such as water, then I might discuss a rent bump to compensate for the anticipated increase in usage and address that with the lease update adding the person as an occupant.
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29 August 2024 | 8 replies
If you don't end up closing the deal, you may just need to pay for site-plan and other minor expenses.5.
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29 August 2024 | 43 replies
The fee you'll pay the realtor for the listing commission will likely be less than what you'll be paying for more than 1 month of vacancy.
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29 August 2024 | 5 replies
If they say "it's to cover marketing" then I would argue they probably aren't professional and just charge it because they can.The leasing fee is charged per door, meaning you will pay it every time they place a tenant in one of your rentals.
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22 August 2024 | 15 replies
Here is the problem, almost all tax liens in Colorado were won by paying premium bids that were 10,20,30,50,100% or more of the lien amount, especially on vacant land and property that had a higher chance to redeem.
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28 August 2024 | 10 replies
It also depends on your target buyer, are they going to pay more for perfection, or do they want to pay for good enough?
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28 August 2024 | 3 replies
I have a property that I have rehabbed that is in a D level area that I would want to off load after a time anyways and was wanting to know how everyone goes about doing this.Do you have a contract that says something like "you rent from me for 3 years and then pay 100k over remaining balance of my mortgage"?
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28 August 2024 | 3 replies
Even though HELOC are higher than cash out refinances, but it gives investors the flexibility to draw their funds and not having to pay the full balances within x years, depending on the loan program and draw periods.
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27 August 2024 | 2 replies
The purpose of this test is to ensure that the property generates enough rental income to cover the property's mortgage payment, including principal, interest, taxes, insurance, and homeowners association dues (if applicable).Key Points of the FHA Self-Sufficiency Test:Applicable Properties: The self-sufficiency test applies only to 3- or 4-unit properties being purchased or refinanced with an FHA loan.