
14 November 2024 | 8 replies
But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow.

25 November 2024 | 2 replies
interest rates going down, would increase demand for goods/services, thereby increasing inflation.That's the theory anyway, but supply side inflation can be plenty dangerous as well.I think the 2024 outcome will just continue to benefit property holders, if you already own, just sit tight.

22 November 2024 | 33 replies
It is used for the resale of residential properties that are either a single family home, a duplex, a tri-plex or a four-plex.

23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.”

25 November 2024 | 6 replies
We market the property as available now, meaning that it doesn't have to be repaired and/or it is vacant.

22 November 2024 | 1 reply
Any debt on the property is paid off as part of the sale.

25 November 2024 | 16 replies
Based on personal experience, I would add assuring the lender is specifically authorized to perform an on-sight property inspection, at the lender's discretion / convenience.

22 November 2024 | 5 replies
Quote from @Corey Gelineau: The inspection contingency is used to legally back out of a contract due to the property being in an unacceptable condition upon inspecting the property.

26 November 2024 | 14 replies
I have found that their sweet spot is after you have flipped 2 properties, as they have a number of programs (Zero Gravity, Double-Double, and standard) that can suit your deal and what you need at that time.Happy to help navigate it if you are needing some help breaking them down.Good luck!

13 November 2024 | 24 replies
It just so happens, I use both of these services for the properties I manage, so I'm happy with the selection.The bad news is that evictions can become contagious in a house.