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9 May 2024 | 11 replies
I try to copy the type of structure thats working (changing the elevation) and use those as comps when I go to use a DSCR loan on the back end to pull money backend.Knowing what strategy you are going for would help me direct in a more accurate way.
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10 May 2024 | 4 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
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10 May 2024 | 15 replies
Set this up by doing the math and getting the right loan so that your place nearly breaks even after a capital expenditure account is paid (for those big ticket items).
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9 May 2024 | 8 replies
Federal guidelines do not allow loans like this to be refinanced sooner than 90 days I'm told.
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8 May 2024 | 14 replies
Appreciation there is low, rents are low, and assuming maintenance as a fixed cost (for example, a hot water heater costs $450 from Lowes in Allentown, $450 from Lowes in Scranton, installation takes the same time, and labor costs aren't all that different), the ROI isn't great.
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8 May 2024 | 14 replies
Remember, prices are very geocentric--they can vary greatly based on location, especially for labor.
6 May 2024 | 1 reply
If I use my FHA loan, after a year of living in the household, can I convert my FHA to my LLC and still reap the benefits of that 3.5% down payment?
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9 May 2024 | 43 replies
New custodial retirement account buys real estate via pay cash or non recourse loan 4.
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9 May 2024 | 2 replies
Construction Loan with at 80% LTC with $ 800,000 held back for construction and misc. soft costs.How did you add value to the deal?
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8 May 2024 | 20 replies
We have worked with a few VA loans in the Reno, NV area.