
4 April 2024 | 3 replies
They will typically give you a sheet with a breakdown.

3 April 2024 | 7 replies
I've used templates from BP and other sites like Avail as a start and then asked my attorney to incorporate additional language needed for MTRs like the utility caps, monthly cleanings, etc.

4 April 2024 | 1 reply
Ask your CPA but typically this would go against your basis.

4 April 2024 | 6 replies
In fact, I would not be looking for NNN brokers, as there is typically a connotation with looking for NNN that implies a single tenant, stand alone building.

4 April 2024 | 7 replies
But sellers typically prefer not to retain the buyer's contact information to facilitate a clean transition to the next transaction and avoid potential financial entanglements, It's essential for buyers to recognize that the original owner could reclaim ownership if the property was purchased from a title sale auction, with specific state regulations, such as a 2-year reclamation period in New York, Despite these factors, owner financing can benefit buyers by fostering a sense of connection with the seller.

4 April 2024 | 12 replies
DSCR typically has between 2.00-2.75% points.

4 April 2024 | 8 replies
Even on most DSCR loans, you'll be looking at 20% down, so your best bet for low(er) down payment would be to utilize a BRRRR strategy with a rehab-focused bridge loan into a DSCR to get it stabilized and cash flowing.Be sure when you talk with potential lenders to make sure that they are licensed to operate in NY as well.
4 April 2024 | 5 replies
There is typically a little more regulation with what can and can't be done in certain town homes.

4 April 2024 | 5 replies
Tenants that do this sort of thing typically have done it many times in the past.

4 April 2024 | 5 replies
While I’d prefer a long term renewal, I wondered how you typically determine a month-to-month rate if the tenant decides to go that route?