
16 November 2018 | 8 replies
After a $150 re-inspection fee, we will be bringing $9,500 to the table for a down payment and closing costs instead of closer to $18,000 for the 15% down payment and closing costs our lender would need for a conventional duplex loan.Upper unit will rent for $550 (2 bed, but one is very small) and lower will rent for $700 when we decide we aren’t interested in living there anymore.

18 November 2018 | 15 replies
I have even seen investors choose commercial loans on properties that qualify for conventional loans (@Lee Ripma?).

13 November 2018 | 6 replies
I’m ready to take action but there is one small problem, I don’t want to go through conventional lending services.

7 December 2018 | 2 replies
Screening is very fast and complete - I can elect to accept CC and set the convenience fee (I do charge a tad above costs), and I find its pretty easy to reconcile a tenants payment via "serial number" or transaction ID reported to the bank with both Rentec accounting AND quickbooks - albeit Quickbooks is still manual for me (you can export from Rentec to Quickbooks via CSV... havent got that far along yet.We literally just completed several rehabs (meaning LOTS of expense), so seeing rents come in quickly and accurately is a relief for a change!

30 November 2018 | 9 replies
Costar tries to charge the absolute maximum for every product they offer...so I expect whatever cozy charges you to go up within the next 12 months.

14 November 2018 | 9 replies
Costs concern me when people charge over the top prices for something I can do myself.

20 November 2018 | 3 replies
If you open your own brokerage, you will be in charge of marketing, hiring new employees, getting a space, the list goes on.Make sure you understand what will go into it, and if you think you can continue your success while getting some agents under you to make your business thrive.

14 November 2018 | 2 replies
With a conventional amortizing mortgage, we pay principal and interest each month, with less principal up front and lots more interest.

9 April 2019 | 5 replies
Is it possible to get an FHA loan on a property that you live in after already receiving a more conventional loan to purchase investment property?

16 November 2018 | 3 replies
Conventional, VA, or FHA and I kind of came to two conclusions if I had the down payment and wanted to allocate money toward my first property I would do that because it would allow me to get the best rated and lowest associated fees and what not.