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19 May 2024 | 3 replies
You also are required to put 25%-30% down and larger reserves are required and the building itself can cause issues if it has vacancy ratios.
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20 May 2024 | 17 replies
So it was never an issue before; I just went forward once I got an approval.
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18 May 2024 | 9 replies
I did hear about the structural issues a few times but didn’t realize it was that much.
16 May 2024 | 10 replies
There's a common belief that properties can "fail" inspections or appraisals or they certain loan products can't be used on distressed properties.
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19 May 2024 | 11 replies
The way I see this is :1. not utilizing the calculator well enough (eg. undervaluing my rent estimation) 2. there is no good properties in the area to invest. 3. other issues that I may not see (blind spot).
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18 May 2024 | 11 replies
My issue is my credit took a hit during renovations and I had to evict someone that wasn't supposed to move in a property.
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17 May 2024 | 1 reply
Hello,A friend of mine asking how to deal with a property after foreclosure when the title search shows two current vested owner.The first one undivided 98% interest and the second one is an undivided 2% interest as tenants in common.
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24 May 2024 | 259 replies
I've heard about a lot of squatting issues in Detroit.
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16 May 2024 | 4 replies
I know these are fairly common topics and I've done a lot a research on them but there are some points to my specific situation that I'd appreciate insight into.Background:In Early 2021 my wife and I bought a property for STR and began renovating it almost entirely ourselves.
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18 May 2024 | 5 replies
While insurance has covered some costs, the process has been stressful, even with a property manager (their responsiveness to these issues has been slow).