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17 September 2024 | 6 replies
Rates on DSCR are lower and they offer ARM and I/O interest only options.
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19 September 2024 | 14 replies
Any market a niche amenities and guest experience offering will set you apart from the competition.
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23 September 2024 | 7 replies
The application, VOE, and final inspection fees are about the only things in here that are semi-not standard; those vary by lender.
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17 September 2024 | 2 replies
As a buyer, you're less likely to get the terms you want, you may pay more for a house than it's actual value, and you may lose some of the offers that would have won.Buy now, refinance later (if that makes sense for you).
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18 September 2024 | 3 replies
@Sharad BoniRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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23 September 2024 | 4 replies
By using borrowed money first, you free future you to have the option to use the annuities for your next purchase.Lastly, if a bank is willing to consider loaning you money, with your age/job history, at even a slight reasonable rate, pounce on it.
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19 September 2024 | 12 replies
Waiting for up to $30k offers more options and a financial buffer.
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18 September 2024 | 5 replies
A lot of free themes built around vacation rentals etc.It isn't quite as easy as Wix, but I think you could manage it.Bluehost and Dreamhost are 2 site hosting services that work with WordPress.There is a lot to unpack here but by using WP, you can start with just a simple site then add more stuff like payments etc.
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22 September 2024 | 8 replies
Typically a lender/bank would have some reserve requirement (3,6,9 months) that you would need to abide by, but in this scenario it's a seller financed sale, right?
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20 September 2024 | 3 replies
So find out actual details about requirements, loan limits, rates and fees first from a lender who actually offers it because it’s not worth it if you can’t find a property that still cash flows well after you take that loan out.