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30 April 2024 | 12 replies
That will limit your LTV, but doesn't sound like that will be an issue if you're only looking for $100k.
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30 April 2024 | 10 replies
I’ll be able to do all the things we, as OOS investors, always look for when we have turnover or maintenance issues.
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29 April 2024 | 12 replies
The issue you might run into to get 30 year financing on a 5+ unit in AL is the loan size.
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30 April 2024 | 12 replies
If health issues were mentioned, they tried conveying that selling was preferable to simply losing any and all equity if the property was lost to the bank or county.
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30 April 2024 | 99 replies
No major issues have come up in these past ~9 months.
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29 April 2024 | 3 replies
Before buying, do an analysis of the market that lets you in on its dynamics, link the type of property that matches your set goals and is in line with the risk you can take, survey the possible financial options open for borrowing money, and finally analyze the cash flow of this business before engaging professionals in managing this apartment complex.Conduct thorough checks on possible properties, covering in-person checks, money checks, checking leases, comparing market prices, checking rents, assessing the condition of the property, and looking over legal contracts.
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28 April 2024 | 6 replies
So given that this month there were zero payments of any kind, I started the eviction process as soon as I legally could...This is taking a major toll on my already-tenuous health.
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29 April 2024 | 3 replies
There are a lot of possible issues with seller financing while doing a 1031.
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30 April 2024 | 14 replies
It's like a person who has serious stomach issues but refuses to go to the doctor because they're afraid they'll be given a terminal diagnosis.
28 April 2024 | 4 replies
A contract for deed doesn’t transfer legal title, it’s a contract that states title WILL BE transferred when the loan is paid off, or a specific amount of equity is accumulated in the property.