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4 June 2024 | 5 replies
And just to clarify if anyone else is reading this: buying an interest rate cap, while effectively buying down the interest rate is NOT like buying down the rate on your personal mortgage.A point on your personal mortgage locks in the lower rate for 30 yrs and the mortgage fully amortizes.
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5 June 2024 | 6 replies
I would personally not recommend Batch.
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4 June 2024 | 1 reply
The lenders we have spoken to will only finance as a personal residence.
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1 June 2024 | 13 replies
My next step after posting this is to reach out to a few similar hosts for the style of property I am looking to invest in and see how well they do on a personal level.
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4 June 2024 | 3 replies
There are schools all over, including Wilmington for sure. https://dpr.delaware.gov/ has all the details on schools and requirements, typically the schooling can be done online and then the test is done in person at a testing center.
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4 June 2024 | 10 replies
B is going through an eviction) The realtor said the main issue is whoever did the initial renovations cut a lot of corners and it shows when you go to the property, it looks perfect in pictures but in person not so much.
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3 June 2024 | 7 replies
Personally, I've been investing more than 50 years and never looked at the demographics for a neighborhood one time because I always felt that you need more personal knowledge about the neighborhood e.g. whether it is blue-collar working people, whether it infested with gangbangers, what the ability to increase rents is, etc. and the only way to get a good feeling and understanding is to personally visit the neighborhoods in the daytime, evenings and on weekends because weekends and nighttime is when the bad people come out like cockroaches.
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4 June 2024 | 42 replies
I must say that every person I’ve spoken to ( Jonathan, Abe, Tony) at Real Estate Skills team conducts themselves with integrity and provided excellent customer service.
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4 June 2024 | 9 replies
Also it depends if you hire a company or if you are hiring a person and paying them hourly - the hourly cleaner will be cheaper, but there's more management involved on your side.I pay $120 per turn for a 2br condo.
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4 June 2024 | 28 replies
Go to the City in person with pictures and see who can help you get this taken care of.