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16 August 2024 | 4 replies
i currently own a duplex and have been land lording for 18 yrs. i have found a potential investment opportunity 30 miles away. it is located in a community slated for substantial growth over the next decade due to the current construction of new semiconductor manufacturing facilities. the property is a 24 unit apartment building. supposedly it historically maintains 95-100% occupancy and has a waiting list. my question is what documentation should i expect the lenders to want?
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20 August 2024 | 2 replies
I rehabbed it and currently have it rented.
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17 August 2024 | 11 replies
Each shipment will have a specialized shipment number, by which you can track the location of your mail package in the United States.
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20 August 2024 | 452 replies
Will they use the income from the property if its rented?
19 August 2024 | 6 replies
You purchased it with a HML, and are now rate/term refinancing the $1.5m (75% of $2m) hard money loan for better terms b/c you show six months of stabilized rent, the T-12 and rent roll with the monthly breakdown shows a clear trend towards where we are at now.Your hard money loan matures at the 2-year mark, but you weren't silly enough to call me at the 1 year and 11 month mark, so my partner lenders that have great terms, but move slower, are on the table.
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19 August 2024 | 3 replies
Quote from @Aarati Shrestha: Rents are currently 30% - 50% cheaper than mortgages in the USA.
20 August 2024 | 4 replies
IE do you want to buy a duplex, tri or four plex and live in one unit and rent the others?
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20 August 2024 | 11 replies
All rents coming in is income, all costs are expenses.
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19 August 2024 | 4 replies
Closing on a rental property on Thursday and the settlement statement shows that rents and security deposits are a debit to the seller and a credit to me.
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19 August 2024 | 5 replies
I had some good luck renting my properties in San Diego and Virginia Beach so I am looking to continue the trend but now with skill vice luck.