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9 July 2018 | 4 replies
Specifically, if you’re looking at seller financing, assuming buy and hold investing, comparing the 2 offers below 1.Seller Finance: $250K, 5% down, 30yr @ 2.5% = $11,261 yearly debt service2.Seller Finance: $184K, 5% down, 30yr @ 5% = $11,260 yearly debt service Over the life of the loan, the total cost is the same, the only difference would be the ratio of interest to principal in the total payment.
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23 August 2018 | 18 replies
I guess cheap compared to $2 million plus for small fixers over in Santa Monica .Downtown Culver City is nice , I remember when that wasn’t there .
15 July 2018 | 19 replies
I was surprised at the home prices out here when we bought (Dec 2017) compared to years prior but we still got a deal at 4.25%.
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7 September 2018 | 3 replies
The problem with most of those areas is that they were never all that desirable prior to Sandy.
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18 September 2018 | 30 replies
When I did the inspection prior to closing I found out that the dog they have does its business in one of the bedrooms.
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6 September 2018 | 0 replies
.- policy if initial estimate exceeded by xxx.xxx amount per guarentee how will exceeded cost be handled - how many current projects at current time .. and all other question per previous experiences , or necessary too ask prior too.Thanks ahead
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6 September 2018 | 0 replies
.- policy if initial estimate exceeded by xxx.xxx amount per guarentee how will exceeded cost be handled - how many current projects at current time .. and all other question per previous experiences , or necessary too ask prior too.Thanks ahead
6 September 2018 | 2 replies
RM’s are Insured by HUD, therefore the HUDguidelines......for at least the first 180 days, the property must sell for 95% of appraisal for the lender to be reimbursed by HUD....24 CFR 206.125Typically, the lender will order an appraisal prior to listing the property for sale.
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10 September 2018 | 5 replies
I’m looking in the Southern NH area and I’m finding more properties that seem to work as owner occupied compared to straight rentals.
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7 September 2018 | 10 replies
If this group of tenants moved in 5 years ago, compare the gallonage of water used with what was used before they arrived.