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3 March 2024 | 10 replies
Yes, all the liens are available online, other than utilities, pending code violations, etc., but to have to know how to find them.
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4 March 2024 | 17 replies
They are typically chasing the insurance carrier as that’s often the easiest source of payment available.
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3 March 2024 | 7 replies
She wants 1 million for all 4 houses and one empty lot with utilities already on it.Market price for each house is 240k and tennants are in there until August.
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4 March 2024 | 14 replies
Property manager said it would gross around 5k on average but after paying their fee and cleaners and my utilities its the same as LTR.
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3 March 2024 | 20 replies
But numbers can be worked as needed.substitution of collateral can also be utilized by providing another real property to replace the current collateral.Here’s why this is no longer often used1.
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3 March 2024 | 1 reply
Hi Mandeep,The 100 sq. ft. of exclusive landlord space could be utilized in a Business Use of Home deduction on your personal tax return, accounting for 10% of your home expenses.
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2 March 2024 | 2 replies
These loans typically have lower interest rates than other types of financing which is still saying something currently given that you can get a 6.5-7% conventional loan vs. an 9.5-14% loan using a DSCR or HML.
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4 March 2024 | 3 replies
They don't have to, though it is typical.
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3 March 2024 | 8 replies
Typically, investors BUY sub-2, then SELL on a wrap (has underlying loan) or owner financing (no underlying loan).
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3 March 2024 | 9 replies
Some operators are in trouble now because of how they bought years ago utilizing bridge debt, variable debt, etc.