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24 April 2024 | 3 replies
That way you can use that 2% to do a rate buy down to ensure a better cash flow.If you are buying it as a Primary owner occupancy I would ask for 3-4% seller credit to cover rate buy down and a portion of closing costs.
24 April 2024 | 8 replies
Hi Account Closed I am in the Raleigh-Durham area
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23 April 2024 | 7 replies
You can close in a DSCR loan in your LLC with a similar down payment as conventional.
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24 April 2024 | 4 replies
Rehab portion of the loan was to repair some interior work worth up to $65k. unfortunately 1 month after closing, I had one of the tenants that was getting evicted complain to the city and I ended up getting a bunch of building violations.
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23 April 2024 | 3 replies
If you're concerned about closing costs, you can place your offers requesting the seller to cover your costs.
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23 April 2024 | 6 replies
I hired a large accounting firm that specializes in FIRPTA and put them in touch with the title company before closing.
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24 April 2024 | 13 replies
I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.
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23 April 2024 | 4 replies
What you are describing is essentially a double close.
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23 April 2024 | 12 replies
However the rates are nowhere your numbers :)I have cash saved to put 25% down plus closing cost.
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24 April 2024 | 7 replies
Brokers can save you money by ensuring you get the best rates/terms, not to mention time savings and surety of close.