13 November 2024 | 5 replies
Do you need to go through a special use or variance request?
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12 November 2024 | 26 replies
I sent you a connection request Ill shoot u a message kylie, transactional lenders charge 1% so on a 250k deal you would pay them 2500.00 thats the going rate today.
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11 November 2024 | 5 replies
If you feel the need to let them know you will be taking care of any outstanding maintenance requests, that may be positive news for themGino
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13 November 2024 | 4 replies
Technically, it's the responsibility of the lender to cancel the mortgage.However, as private lenders we typically request that the closing agent draft the cancellation document and send it after the closing is completed.The lender can then execute (sign, notarize & have witnessed) the cancellation doc and then return the original to the closing agent for recordation.
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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12 November 2024 | 9 replies
Shoot me a connection request/DM to talk about 1:1.
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12 November 2024 | 2 replies
The two additional units will be detached from the existing structure so there will be no interruptions from that standpoint.I have agreed to a temporary rent reduction at the tenant's request to compensate for the inconvenience and loss of the backyard during construction.
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22 November 2024 | 92 replies
If it exist, it's usually on SFH under $180k, and at that point, the profit is so little, it's not worth the headache.I have clients with portfolios of 15+ single families in this range, and to see them pocket $200-300/month is exhausting lol.One maintenance request erases 6 months of cash flow.
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11 November 2024 | 20 replies
So i am getting with the zoning dept to request a change to zone R-2.
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14 November 2024 | 25 replies
Both have Maintenance Request, which is great for tracking past issues with each home.