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15 May 2024 | 1 reply
My mom has established new lease terms with a 5 year lease agreement with the Company in an effort to protect herself against the possible liability that would come from having to remove the blades, and required a huge insurance policy to protect her against this too.
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16 May 2024 | 20 replies
I think it's $400.It's an extensive course and requires a decent time commitment but I would start there and use their templates.
14 May 2024 | 15 replies
Sign and dateYou can add the amount of rent due if you like but it is not required.
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15 May 2024 | 12 replies
@Alyson Gordon we were originally looking at LTR for the decreased involvement and not needing to furnish a place (and some HOAs are LTR only), but I had not considered corporate housing before; from some brief research looks like this is likely a furnish-required.
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15 May 2024 | 9 replies
Not sure if you're going FHA or not but I know of a loan product called Home Simple with All Western Mortgage that allows you to make a cash offer to the seller and then refi out with a conventional loan, but my understanding is it requires 5% EMD.
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15 May 2024 | 6 replies
You can also run your STR in your personal name or elect to start a company that operates the STR i.e. branding.If you do not qualify or for some other reason do not want or cannot qualify for conventional financing, you will likely have to go to some sort of DSCR or other business purpose loan route, and they will actually require you to put it into an LLC.
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15 May 2024 | 22 replies
For example if you have 2 prong outlet in a wall and you gut that wall they can require that outlet be brought up to current code AND they could require additional outlets in that wall as well.
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14 May 2024 | 17 replies
We knew we did not comply with the sight distance requirement of 400' in each direction for the location of the curb cut.
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15 May 2024 | 17 replies
This type of financing requires the projected income of the property, determined by a local expert, to sufficiently cover the monthly mortgage debt.
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15 May 2024 | 3 replies
Neither of the neighbors have a survey (not required in GA).