
4 August 2024 | 4 replies
This would be able to move us in, and we would use that 100k as part of the 180k that would be required at the closing table for the assumption.
4 August 2024 | 1 reply
@Mat FisherMost programs are very expensive which is why it’s easier to pay a servicer $25-$35/month th manage that process and they will also do all the tax forms and handle escrow

5 August 2024 | 10 replies
.), and create a tailored offer that solves a problem for them with little energy and time required on their part.

3 August 2024 | 2 replies
Our current house is 76 years old and will soon require major repairs.

5 August 2024 | 11 replies
Not to mention good labor is hard to find expensive and backed up in major metro’s.

2 August 2024 | 5 replies
Most of my properties are near me in a tenant friendly location where buying investment properties have become insanely expensive.

2 August 2024 | 7 replies
We also require a guest manifest and an agreement that states nobody except "registered" guests can access the property.If they said 16 and you count 18 I would not make a big deal of it.

3 August 2024 | 5 replies
We frequently hear investors chasing properties that meet the "1% rule" which in my opinion is a flawed underwriting practice (have posted on that very subject a few times in these forums), but in order to achieve a 14% cap rate your Gross Operating Income must nearly meet 2% of the assets cost assuming your operating expense ratio is at 35% (which is very lean on operating expenses).

5 August 2024 | 10 replies
You can explain to the woman that your policy requires all adult occupants to be on the lease for liability and compliance reasons.

4 August 2024 | 0 replies
Similar with a SFH: I can at least get in the market with a 5% conventional loan not expecting cash flow but hoping appreciation will help me out in the next 2+ years and I will at least be able to put up the remainder of the expenses since I do live with my parents.I am young so I could be overthinking, but my end goal is to have a portfolio where I can cash flow enough within the next 5-15 years to let go of my job (5k clean a month).