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15 January 2025 | 4 replies
I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and I have a deal on the table that I do not want to lose.Please advise.Thanks!
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2 January 2025 | 30 replies
The listings @Joel Oh showed weren't in the first 50 listings for my search.
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27 January 2025 | 7 replies
I will not know that until I climb under the house and into the attic etc... for inspectionThe area is close to things and is not in a indicated crime location and has a very nice open lot area on the corner with it but again assuming the tenants stay and lease I am looking at that as a smaller issue..Thanks for bringing up the concerns but I have tried to do my due diligence but do not really know is the analyzing aspect has missed something major.
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14 January 2025 | 4 replies
I would caution you with searching for lenders as those that don't follow a draw process or will lend on anything may not actually be a lender and trying to scam you.
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9 January 2025 | 7 replies
You can also search for local FB groups that specialize in longer term stays.
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15 January 2025 | 2 replies
Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.
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21 January 2025 | 15 replies
Where better than Richmond, VA, a promising location for such an endeavor?
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12 January 2025 | 6 replies
I was going to look over your numbers for you, but can you answer a few questions:* In what zip code is this property located?
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31 January 2025 | 7 replies
Where is the property located?
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7 January 2025 | 9 replies
@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?