
27 February 2020 | 9 replies
Agents can also be an excellent resource for contract real estate work, which may include the following activities: bird dogging, referring buyers, showing properties, open houses, price opinions, and more.Property Manager—If you don’t want to actively manage your properties, a good property manager is im- portant to have.

9 March 2020 | 2 replies
However most of the major financial institutions tell me that their internal policy for multifamily home loans is 25% down or 20% down regardless of credit history or loan type (my credit history is excellent and i have no debt).

29 February 2020 | 26 replies
If it is Wake County or close by, I can recommend an excellent attorney who can give you some good advice.
27 February 2020 | 2 replies
Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.
26 February 2020 | 0 replies
Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.

27 February 2020 | 3 replies
So I just need to prove to them that this is worth their time, i'm credible, and make monthly payments or lump sums of the principal.

27 February 2020 | 10 replies
I also would have offered less for the buying price even though the house is in excellent condition and move in ready.

29 February 2020 | 27 replies
You have an excellent plan, happy hunting!

26 February 2020 | 1 reply
Any assistance would be excellent!