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14 June 2024 | 0 replies
The plan is to short term rent some rooms, or mid-term, and live in the primary until its doing so well I have to move out and refocus on a previous renovation that has stopped until this one is complete.
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14 June 2024 | 17 replies
I always assumed ending a PM contract would be a no brainer, but here you're on the hook if you have plans to sell.
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14 June 2024 | 0 replies
At over 2400 sqft and a beautiful wrap around deck my investor planned to fully gut this property and get top dollar.
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14 June 2024 | 2 replies
This is an email I just received from their rep:"The initial appraisal cost would be paid by ReadyCap but the expense would be taken from any from the sale/refinance and settlement to release the lien.The plan would be to determine the amount of equity based on the updated appraisal and first lien and then negotiate a settlement with you for the release of the lien.
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13 June 2024 | 31 replies
The standard connection worked fine with minor syncing bug every now and then but the whole purpose is to make this an easier process..so now with Vrbo we will now be responsible for collecting and submitting state tax, damage insurance for the what if situations( which from the plans seen can be like $60 per listing), collecting payments..ya I don’t think so.
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11 June 2024 | 4 replies
If you are buying it as an investment property, you are buying it at a much higher rate than a traditional owner-occupied loan so you must be in a primary residence now and are just planning a just-in-case scenario.At first, I thought this was a no-brainer answer as if you can do whatever you want, but those investment loans are banking on the income projected as part of the collateral for the loan so it's a good question.A seasoned lender or someone who has had to move back into one of their properties will get you the best answer.
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14 June 2024 | 5 replies
This is my day one and plan to follow everything and learn from all the experts here.
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14 June 2024 | 2 replies
Marshall,If you do plan on leasing to the new business (craft & tanning), you should check with your Insurance agent to see if that will still be eligible for your current coverage.
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12 June 2024 | 1 reply
Property managers can be huge scammers, wholesalers and realtors do not care about you so don't trust anything they say, ask hoa for financials before moving through the dealHow did you find this deal and how did you negotiate it?
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14 June 2024 | 15 replies
Do you plan on going?