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19 February 2024 | 5 replies
that fear turns into vacancy fear. the vacancy rate in the neighborhood is 1.7 so i used 2 . if i go to 3 it turns coc to 27 and -25$ cashflow from shownOverall goal is to hold forever, Cashlow at 66 and beyond with complete debt paydown , pass to kids when i die , they use the cashflow for their primary residences and beyond. (10 of these will do haha... but really)
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19 February 2024 | 2 replies
Seems like the value is there if you are able to complete the conversion.
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19 February 2024 | 1 reply
It's a lot easier once you get those steps completed.
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20 February 2024 | 5 replies
The appraiser will complete the appraisal and fill out the 1007/rent schedule which will calculate the common rents in the neighborhood market.Those rents will be used to show if the new mortgage PITI payment will debt service itself.
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19 February 2024 | 1 reply
My tenant is on disability and would like me to complete the form to have the rent deposited directly into the business bank account.
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19 February 2024 | 7 replies
The estimated value of the home, once completed would be between $675K - $750KFYI, we also have an investment condo valued at $300K and a loan balance of $175 that has been fully rented for 4 years now.
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19 February 2024 | 5 replies
I've done some wholesaling, completed my first fix & flip last year and I'm presently doing some private money lending.
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18 February 2024 | 12 replies
Make sure you check this aspect out before filing a claim.
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20 February 2024 | 10 replies
Others have said, they are “researchers” and they did it all on their own and are completely happy about it.
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19 February 2024 | 6 replies
I have been speaking a lot with PMLs, specifically the one's that offer 100% financing LTV and LTCMy concern is that they keep asking me for a loan origination cost, which seems like a scam to meFor instance, one offered 100% financing and then once I completed the application, she asked for about $3500 for the loan origination fee.