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22 May 2024 | 18 replies
May want to consider an additional window as well as ventilation.
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22 May 2024 | 9 replies
I would suggest @Joe Funari to help on the purchase.
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21 May 2024 | 33 replies
You don't need to...markups in retail are pretty uniform throughout the supply chain, and for public companies like Walmart, you can look at their quarterly filings to determine exactly what their margins are.With contractors, you don't have this same level of transparency, so if you want to ensure that you're getting reasonable prices, you need to do some additional investigation...
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22 May 2024 | 2 replies
_____________________________________________________________Current Rents:House: Basement Apt: Current owner occupies $0House: 4 bed, former BnB, currently 1 room LTR, frequently STRs (travel nurses) 8001 BR Apt: $1000Studio: 900Cabin 1br: 1000Cabin Studio: 700Current Gross Rents: 4400___________________________________________________________Potential Rents - All rents are currently below market*:House: Basement Apt: Owner occupies $1500 ($0)House: 4 bed LTR $2800 STR $5500+ BnB 20,0001 BR Apt: $1500Studio: 1200Cabin 1br: 1500Cabin Studio: 1200*There is an addition attic apartment unused: 1200Potential Gross Rents: LTR=$9400 - STR=$12,100Tax:530/moInsurance:250/moAssumptions: Small family wanting to househack and come as close as possible to no monthly expense.
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22 May 2024 | 6 replies
I would suggest you can expect mortgage rates to drop by a quarter of a point at a time (when the Fed meets)... and the way it's looking, probably not starting until 2025.
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22 May 2024 | 10 replies
I would try to do 80% purchase loans on both.So 70k*80% = 56k loan amount 14k down payment + you will also have closing coststhen 120k*80 = 96k loan amount and 24k down payment + your closing costs So you will have about 32k - closing cost and loan costs for an additional investment
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21 May 2024 | 138 replies
Note that self-employment activity can be part time and in addition to being employed full time.
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22 May 2024 | 0 replies
The 2 year lockout period means that they will not accept additional payments beyond the minimum payment (trade-off is that sometimes you can get them to go for interest only).
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22 May 2024 | 2 replies
I would suggest shadowing an experienced broker, learning the ropes of the business, and challenge yourself to do the hardest files.
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20 May 2024 | 14 replies
Can use some suggestions on this deal please.