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25 February 2024 | 13 replies
I then run all the associated numbers; ARV(using MLS comps), repair estimates, closing ,title and commission costs.
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23 February 2024 | 10 replies
Tough one - have you chatted with the title company to confirm they're going to issue clear title with the proposed easement?
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24 February 2024 | 2 replies
Get an actual quote for hazard insurance non owner.
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23 February 2024 | 4 replies
Some documents include loan application, credit auth, purchase agreement, recent bank statement, property insurance, title documents, entity documents and renovation budget. 2) What interest rates should I expect for Fix & Flip, renovation, and BRRRR properties?
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25 February 2024 | 28 replies
Look not only what it would rent for, but focus on what the net income is after mortgage, property, taxes, insurance, etc.
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22 February 2024 | 1 reply
Hi Everyone,We are three buddies starting out the investment together and have an LLCregistered.Now that we have identified the property to buy ,we reached out to AXOS and were given the option to take conventional and transfer the title after closing / take an LLC loan at a higher interest rate (1.5% more)Should we go the conventional route and then transfer the title after closing ?
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24 February 2024 | 2 replies
Mortgage, taxes and insurance is $1175, HOA is $120.
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23 February 2024 | 4 replies
Errors and omission insurance is covered by the company $$$$Look for an entry job in mortgage at a bank or credit union.
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24 February 2024 | 20 replies
@Victoria Moreno- thanks 1) this is very common 2) if possible - consider areas that you have a bit of familairty with 3) defienitely get realtionships in place for the area you end up buying ( PM / realtor / lender / title / escrow / etc ...)
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24 February 2024 | 10 replies
High risk of lawyers buying a unit, tearing it apart, finding one thing not to code, getting the rest of the condo owners to sign on to a class action lawsuit and hood every subcontractor, builder, architect hostage for an insurance settlement.