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8 December 2024 | 1 reply
However, I received some feedback from one of my partners that the play here would be for an investor to subdivide or re plat the land for a multiple tenant situation.
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9 December 2024 | 15 replies
I have just received the same callThis a legitimate business model for a STR company, but the website raised a lot of red flags and I would not feel comfortable doing business with them.
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5 December 2024 | 5 replies
In the case of a HomeStyle Renovation loan, your lender might have added PMI at the time of the loan because the LTV was higher than 80% at the time of the initial loan and renovation.PMI Removal After Renovations: If your LTV has dropped to 73% after the renovations (meaning the value of the property has increased substantially), you may have a legitimate case for PMI removal.
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3 December 2024 | 1 reply
As long as the custodian company is responsive I wouldn't worry too much.Do your due diligence and make sure the custodian company is legitimate.
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5 December 2024 | 5 replies
PMLs exist, there's zillions of them, real estate investors work with them every day and PMLs fill a need and have a role to play as a specific tools for a specific situation.See if you can put a sharper point on your question.Mike Thanks for this Mike!
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11 December 2024 | 11 replies
Just be ready for the ride...it’s not always smooth sailing, but if you play it right, those jitters can turn into some seriously sweet returns.And if you do end up jumping on a short-term rental in Tampa Bay, just pick up the phone and let's dig into it.
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9 December 2024 | 38 replies
Credit scores are a reflection of someone's ability to learning and understanding the rules of the game and haveing the discipline to play by them.If you already have good credit, already pay everything on time (autopay), then increaseing your limits will probably help you the most, because it gets your utilization down, ideally under 10%.Higher hanging fruits are average credit and account age (just have to wait for that I guess) and inquiries, which are sometimes unavoidable as real estate investors.
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6 December 2024 | 2 replies
But if its a strong offer just play it out.
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7 December 2024 | 7 replies
Likely would want to close on 11/28 at the latest to play it safe as the notice takes affect the next day, not the day it was served.
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9 December 2024 | 98 replies
If nothing else, put a few dollars in for giggles - most of us on here can afford to “play” with a little cash (whether that is $50 or $50k depends on you) Why on earth wouldn’t you play with something that can potentially triple your money in a week or two?