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8 July 2024 | 22 replies
Rates will be lower for a 2nd home loan, but as Michael stated you will have to acknowledge in the loan docs that you will not be renting out the property.
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9 July 2024 | 28 replies
GO TO REDFIN, SEARCH YOUR FAVORITE ZIP CODELOOK UP WHATEVER PROPERTY TYPE YOU WANT AND GO TO "SOLD" PROPERTIES WITHIN THE PAST 3 MONTHS ONLY OR EARLIER GO DOWN THE PAGE AND CLICK "DOWNLOAD ALL"IT WILL THEN PROMPT YOU TO OPEN AN EXCEL DOC- OPEN IT-FROM THERE FILTER THE PROPERTY PRICE LARGEST TO SMALLESTFIND THE AVERAGE PRICE BY HIGHLIGHTING THE ENTIRE "LIST PRICE" COLUMN OF THE SOLD PROPERTY SPREADSHEETAFTER CLICKING THE "AVERAGE" FUNCTION, YOU WILL BE GIVEN A DOLLAR AMOUNT- (BOLD THAT FIGURE) THEN GO TO THE SQUARE FEET COLUMN AND DO THE SAME- FIND THE AVERAGE SQUARE FOOTAGE - THEN CLICK "AVERAGE" HIGHLIGHT THAT FIGURE TOODIVIDE THE AVERAGE DOLLAR AMOUNT OF ALL THE PROPERTIES SOLD WITHIN MAX 3 MONTHS FROM THE AVERAGE FIGURED SQUARE FOOTAGE TO GET YOUR MEDIAN PRICE PER SQUARE FOOTYOU WILL USE THIS FIGURE TO DETERMINE IF A PROPERTY WITHIN YOUR PREFERRED AREA CODE IS DEEPLY DISCOUNTEDTHEN, YOU WILL GO BACK TO REDFIN AND CHANGE THE SOLD TO ACTIVE AND DO ALL THE FILTERS PER YOUR PREFERENCE- "PUT IN KEYWORD AREA- "TLC" "CASH PURCHASE" , "NO FHA" AND "UNINSURED" AS WELL AS HAD A PRICE REDUCTION - EITHER MUTLTIPLE OR AT SOME POINT WHILE IT WAS LISTED HAS A REDUCTION (THIS USUALLY MEANS SELLER HAD HIS LISTING AGENT REDUCE PRICE BECAUSE HE WANTS TO SELL QUICKLY- ) SO IF A PROPERTY YOU FIND (AND THERE ARE A LOT) HAVE HAD 3 REDUCTIONS IN PRICE AND HAS BEEN LISTED FOR AWHILE...
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10 July 2024 | 31 replies
If you find that you need to replace cabinet boxes, home depot sells unfinished birch that paints much nicer than the oak cabinets available at menards or lowes (oak can have tannins leak through and yellow the paint if not properly prepped if you use regular paint).
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7 July 2024 | 13 replies
Shortly after moving in, this house (built in 2006 so 18 yrs old) styarted having issues - cooktop working erratically, they replaced it with a high-end (GE Profile) new one.....Dishwasher started leaking, replaced with brand new GE Profile. 50 Gal water heater went out (elements) they replaced.So in just 6 months, they have spent about $5000 on me.
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7 July 2024 | 14 replies
If you transfer post-close, you may violate the "due on sale clause in the mortgage docs," allowing the lender to call your loan due.
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6 July 2024 | 25 replies
They brought in a "plumber", said the house had multiple leaks in the pipes, needed re-piping and concrete broken up to fix the second leak.
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10 July 2024 | 87 replies
Than you need attorneys on retainer to review contract's and doc's annually for any updates, and for any specific situations.
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8 July 2024 | 13 replies
So, unless you are an SEO manager, I think that's a tough road to go down. 1:1 link exchanges go against Google's guidelines and best practices so I wouldn't advocate for that. https://developers.google.com/search/docs/essentials/spam-policiesMost one-size-fits-all all SEO companies are going to want to spend a lot of your management fee doing work that real estate investor-focused SEO companies don't need to do.
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6 July 2024 | 3 replies
Check under sinks if you can, many times slow leaks occur there that go unreported.6.
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5 July 2024 | 3 replies
You'll need a contract made up between the two of you and a loan doc for the funds.