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17 July 2024 | 2 replies
We keep a daily updated list of all active and eligible STR's for sale and currently there are well over coastal Oregon listings for sale with vacation rental or STR AirBnB eligibility and generally focus on properties that can reliably secure a permit within 30-60 days of closing.
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16 July 2024 | 3 replies
What are the tax implications of this sale?
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19 July 2024 | 3 replies
We are set to close on a property by the 31st of July per contract.
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19 July 2024 | 16 replies
I have a couple clients that own 2 BR units at Waikiki Sunset - one of them recently told me he is grossing close to $15k next month.
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19 July 2024 | 17 replies
Location: TEXASWe closed a property where there was a deceased person few years back.
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19 July 2024 | 2 replies
Obviously mortgage rates dropping is ideal and would allow for a portion of the $250k down payment to be pulled back out (cash out refi) all while keeping rents pretty close to constant.
18 July 2024 | 10 replies
If you can, go several times, so you can watch it happen from the foundation all the way up.If you live close to a store like Home Depot or Lowe's, sometimes they have free classes on "how to install a ceiling fan" or "how to paint".
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19 July 2024 | 7 replies
Or, if it does appraise 'as-is', but the lender's underwriter determines that there is more deferred maintenance than they will allow for (say $2,500, or something close to that) then that would also be an issue.Either way, a 'subject to' appraisal and deferred maintenance are both no-go's for a DSCR cash-out refi.
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20 July 2024 | 8 replies
Keyrenter is an established residential property management company with close to 10,000 properties across the country.
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20 July 2024 | 4 replies
From the same article:"When you closed your VA loan, you may have signed a VA Guaranteed Loan and Assumption Policy Rider.