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19 February 2019 | 26 replies
Is it possible to extend the deal while this gets worked out?
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9 February 2019 | 4 replies
What i did was extend the inspection contingency till tittle comes in and we can see what’s on it.
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10 February 2019 | 27 replies
Especially when you figure on "surprises" like evictions, needed repairs missed on the inspection, boilers/HW tanks going, etc.It sounds like you over-extended yourself on the first rehab and I would urge you to be careful about getting involved in another major project when it seems you stretched yourself pretty thin for the first one.There are times to "buy everything you can get your hands on" (like 2012) and times to be more cautious (I'm kinda feeling like that's now, or close to it).These days, I pay more attention to LTV and debt service coverage ratio than I do cap rate and cash on cash return.
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11 February 2019 | 20 replies
I am even trying to negotiate an easement with the neighboring rental owner so we can use his driveway and extend it over into this one.Pending the septic inspection today I am going to ask them for some concessions in price that should cover the repaving.
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9 February 2019 | 4 replies
Business line of credit or a cash out refi and extend another few thousand over the next 30 years?
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16 March 2019 | 7 replies
To be safe we are going to extend inspection contingency and order the tittle to insure there isn’t anything crazy on it.
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10 February 2019 | 21 replies
As my intentions isn’t to hold the debt over an extended period of time, and there’s not a clear blueprint of every dollar those funds would be directed toward.
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10 February 2019 | 30 replies
Yes if they clearly aren’t fulfilling their obligations~ but in certain cases you should be able to extend them through temporarily if there’s a great need
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10 February 2019 | 10 replies
I mean if you’re truly going to send out a 1 page addendum that says the lease is extended for this period of time at this rate it should be $50.
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13 February 2019 | 9 replies
Do this before contacting the tenants so both you and them are crystal clear on any timelines.If they can't use their shower for an extended period they will need to plan for that if there is not a 2nd shower in the unit.