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23 March 2024 | 1 reply
Any tips/guidance is of course appreciated.A few details: Looking to house hack a small MF in the Knoxville TN market, not currently connected to any agents or lenders
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23 March 2024 | 7 replies
I am also aware of using business credit cards and liquidating them, however is that a good route?
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25 March 2024 | 28 replies
But of course, I have to step back and consider the entire gamut.I found a pretty nice four-plex in California City listing for $230k, however, just down the street is an 8-unit listing at the same price!
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23 March 2024 | 1 reply
I'm trying to decide between renting the basement as a long term rental (and figure out something with the yard and utilities), do a short term rental like Airbnb or Furnished finders and give upstairs a utility credit, or leave it up to the current tenants to sublet it on Airbnb or find another roommate (so I don't get calls about tenant disputes since they will have chosen them).
23 March 2024 | 9 replies
i dont consider not being able to find an attorney a red flag, is just that they're not insured to do these kind of transactions i found out. i'm sure that other investors are doing subject to deals in north carolina and they're probably using an attorney, or this can also be done by you without an attorney, just need an attorney to prepare the deed. as far as the seller is concern, they have three choices when facing foreclosure, they can catch up their payments on their own, get help from an investor to make up the back payments and take over the loan and make the monthly payments until they're able to cash out and pay off the loan, and third,just go through the foreclosure and completely ruin their credit and i mean very bad credit.
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23 March 2024 | 5 replies
Of course ordered cabinets are going to be much more, like $15k.I'd stay away from IKEA and any RTA type cabinets......based on my experience....
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23 March 2024 | 8 replies
Sometimes, conventional loans offer better deals if you have excellent credit.
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23 March 2024 | 8 replies
In the paperwork, I show that the lessee receives a small credit towards the purchase price.
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22 March 2024 | 22 replies
(I like my original points better, of course, but this is a great discussion.)
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26 March 2024 | 34 replies
All those people that have houses from 15 years ago that we're all saying "well of course you're making tons of money in STR, you have a mortgage from 2010!".