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7 March 2024 | 18 replies
You would then spend non-reoccuring transactions out of the management account store money and pay auto payments out of the property account.
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7 March 2024 | 15 replies
No seasoning.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.PenFed - max 3 other properties, 89% LTVRegions- yes HELOC but no LOCSCCU Florida 70% LTV, 6.25% interest only, not LLCSound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD BankTIAA Direct was EverBankTower FCU, all states except TX, max 45 DTI, green card ok.
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6 March 2024 | 2 replies
(chart below is non-residential, I couldn’t find a good source for residential electrical labor, so I you have one, please share!).
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6 March 2024 | 5 replies
Even if you need specific services like HVAC and the like.I am sure you know, but keeping up on maintenance of the hard systems keeps quick service calls to a minimum.
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7 March 2024 | 25 replies
If no GD, any blockage service call will certainly be tenant responsibility to pay.
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7 March 2024 | 7 replies
Spend more time then anyone else doing all substantial services.
6 March 2024 | 6 replies
Was it from the servicer of the loan (if you had one)?
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6 March 2024 | 3 replies
To put 10% down on a 3-unit you would need to live in the property as it takes 20-25% down for a non-owner occupied 3 unit.
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7 March 2024 | 15 replies
Primary residence’s can still air bnb but this property will now be non-owner occupied.
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7 March 2024 | 17 replies
I have also worked with a lot of great property managers that charge reasonable rates and provide excellent service, and I would love to recommend them to you.