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24 April 2019 | 6 replies
If the foreclosure is complete and its listed for sale on the MLS, get an agent, do your due diligence and make an offer if your results say to do so.
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24 April 2019 | 13 replies
If you are doing dark flooring, might match a dark countertop and use white on the cabinets.
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25 April 2019 | 15 replies
Most of those buyers are not going to result in a sale for you; They are just a database of potential buyers.
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26 April 2019 | 9 replies
Currently for Owner occupied I get 4.5 or below and 5-5.25 for investment properties with loans at 300K or higher, Check out a private local bank or chase who matches rates possibly.
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30 April 2019 | 64 replies
@Nick Farrell, if you have any reason to think your father is a difficult personality to work with, you should not partner with him.If you have any reason to think your father does not make good decisions with finances, you should not partner with him.If you have any reason to think your father does not honor his obligations (is often late, procrastinates, takes shortcuts that result in shoddy results, etc) you should not partner with him.You are his child.
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24 April 2019 | 6 replies
@Alexander Quan 1) the penalty for committing mortgage fraud (which is what that would be) is, from a quick google search "Under U.S. federal and state laws, mortgage fraud can result in up to 30 years in federal prison, and up to $1 million in fines"2) you posted about possibly committing said fraud on BP with an account that shows your full name3) Most (if not all) owner-occupy mortgages have clear language that you must occupy them, so you can't just let it sit there empty for 45 days (this is an assumption, will depend on what your mortgage language says).Overall sounds like a shady way to go about starting off your investing career.
25 April 2019 | 5 replies
https://www.avail.co/i/NezdI’ve been using Avail for my needs, it’s a fantastic platform with great results for small portfolios.
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24 April 2019 | 7 replies
"Extensive rehab" sounds like more than a 6 week job, so to list for rent and then go over time could cost you putting tenants up in temporary housing.On top of that, most people cant see beyond what is there, so showing them an unfinished unit could result in either lower rent, or few applicants
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26 April 2019 | 13 replies
This migration coupled with income growth increases demand for both renters and investors resulting in cap rate compression.
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25 April 2019 | 20 replies
I'll save it and reinvest until my rental income matches my earned income.