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16 December 2024 | 5 replies
Airbnb basically lists that metric as 40%+ for every single Airbnb property even though statistically it's only possible for most properties to show up in the top 10 well under 1% of the time.How the hell can 20,000 properties in a single market all show up in the top ten 40% of the time?
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19 December 2024 | 22 replies
Yes we were successful winning bidding wars 3 months ago using the family postcard technique;) Basically, we added a cute picture of our family along with our offers (which were based on conventional financing) and our “humanity” made us win over the cash offers.
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19 December 2024 | 5 replies
I guess it has to be fully paid back within 5 years from the distribution so you basically skip the first payment.)I vote that @Dave Meyer does a quick upgrade to the rental property calculator to include scenarios with simultaneous loans!
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22 December 2024 | 24 replies
Basically, the demand is much weaker than the supply.
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6 December 2024 | 2 replies
I have a lot in East Rockaway, corner that I am helping the owner find a buyer...Trying to get more info on like zoning and how much you can build, Property shark has been useful in NYC but pretty useless in Long Island, can not even find basic info there, is there another website or resource I can use for more detailed property info?
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18 December 2024 | 9 replies
Basically, you're saying your intent is not to move in, but with owner-occupant loans for lower downpayments, you will sign a statement certifying your intent is to occupy the property.
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20 December 2024 | 4 replies
When lenders calculate your DTI and your owned properties are breaking around even or a little cash positive from rents, do they basically look at those as no debt or even positive income to keep giving you more loans?
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16 December 2024 | 2 replies
We offer it at TFSB but it does require the basics like qualified credit score, DTI ratios - Must have W2 or (2 years of 1099 income) to qualify.
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2 January 2025 | 50 replies
Overall we have just a basic idea of how their algorithm works.
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18 December 2024 | 6 replies
I basically just told them when they moved in that any drama that may arise from them sharing the house is between them and has nothing to do with me (as long as the house/people aren't being physically harmed).If you do end up renting to veterans I think your best bet to ensure everyone gets along is to just make one lease for all 4 bedrooms.