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16 June 2024 | 16 replies
Unlike traditional mortgages, however, tax and insurance payments generally are not rolled into monthly debt service, and the buyer must make them directly.At the end of the loan term, the buyer either makes the balloon payment or obtains a mortgage refinance and pays off the sellers with the proceeds of a new loan.
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15 June 2024 | 11 replies
The condo doesn't have an elevator, but the other amenities are listed below:Amenities included: Common Grounds, Fitness Center, Gated, Reserved/Assigned ParkingServices included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Water, High Speed InternetThanks in advance for any advice!
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16 June 2024 | 4 replies
One strategy that worked for them was to look for a partner or investor who could help fund the initial purchase.
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14 June 2024 | 0 replies
Can also rent the whole house as an insurance or short term rental.
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17 June 2024 | 36 replies
Although q4 was our biggest purchasing quarter of 2022, we’re in a bit of a defensive buying strategy with NPLs at the moment.
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16 June 2024 | 12 replies
They do a good job of going over test strategies and going over what you should and shouldn't remember.
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16 June 2024 | 14 replies
I'm especially intrigued with the Office Hours, and that he apparently personally coaches you through RE strategies/challenges.
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15 June 2024 | 2 replies
(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.
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15 June 2024 | 6 replies
Sounds like he may be getting hit with a stupid tax but hopefully that fee will get mitigated with insurance.
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16 June 2024 | 16 replies
My strategy would also be going for more price appreciation than cash flow.