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11 April 2024 | 12 replies
From the research that I've done so far with Mt Orab the houses continue to be going up in value and any homes that are for sale typically sell fairly quickly.
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10 April 2024 | 10 replies
Typically interest only for a couple years, rate a little higher but i/o payment lower.
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10 April 2024 | 5 replies
Typically, anything in the middle range has a reduced risk and more favorable terms.
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10 April 2024 | 5 replies
Typically there are about 20 units listed for rent at any given time on the MLS over the last 5 years or so.
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10 April 2024 | 1 reply
Many will do subject to and realize in many instances the borrower on the other end typically does not qualify for traditional financing, so you are taking on that risk.
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10 April 2024 | 3 replies
Example: For a $1K per month rental I could collect only $1K to $2k in refundable cash deposit.
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10 April 2024 | 6 replies
@Pandu Chimata, As a private lender myself, typically what happens is the title company has an in house lawyer, where you can get a mortgage and note prepared for free.
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10 April 2024 | 59 replies
Typical costs of the ADU is >$250/ft for new construction (converting existing space is cheaper).
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10 April 2024 | 2 replies
That said, more inventory finally coming to market will likely translate to more options for buyers and fewer bidding wars, which typically keeps outsized price growth in check.