
21 June 2024 | 0 replies
On market, offered 30K below asking and got it How did you finance this deal?

21 June 2024 | 0 replies
On market, multiple offers so had to pay above asking.

21 June 2024 | 0 replies
It was fully flipped and we offered slightly less than asking.

21 June 2024 | 3 replies
Then make certain they can offer what you need.

21 June 2024 | 4 replies
Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.

21 June 2024 | 7 replies
The screening they offer works well.

21 June 2024 | 3 replies
I responded to her FSBO ad and made my offer which she happily accepted: a 36 month lease option; I'll bring her mortgage current, (1 month, $800), and continue making the monthly payments; option to purchase price of $88K, (my estimate of value, $100K); and I had the right to buy, sell, sublet, or assign the property at any time during the 36 months.

21 June 2024 | 8 replies
If you are willing to put down a larger down payment it might make sense with the flexible underwriting they offer, especially if you are going to run it as a MTR.

17 June 2024 | 11 replies
I am acquiring an assisted living home (RE+business).RE appraised for $1,320,000Business for $80k.I have the RE portion already financed through banks but am needing $80k for the business to get the deal done.I’m looking for $80k short term loan for at least 6 months so that I have enough time to get a more stabilized business loan.