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12 June 2024 | 17 replies
My cleaner recently mentioned she would like to get paid more for longer stays that are like 4-5 days.
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12 June 2024 | 11 replies
I've been waiting 45+ days to be paid from VRBO.
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11 June 2024 | 2 replies
A few additional context that may make this a bit more complicated:- ideally the 1031 exchange that I do will then add my wife to the picture with the trust that we have established (however it's easier to do)- the property was previously used as our primary property, but is now a rental property for at least 4-5 years- an alternative is the sibling is open to gift annually up to the gift limit so that we own the property outright prior to the exchange, but that will take quite a few more yearsThank you!
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12 June 2024 | 8 replies
Honestly, I still feel broke, My previous job 4-5 years back was 200kplus/yr (Subsea Engineer Offshore).
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12 June 2024 | 10 replies
Multiply that by 4-5 (for the 20-25% down payment) and you will know the size of your potential maximum purchase.
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11 June 2024 | 5 replies
I am not referring to a mill either, simply 1-on-1, 45 minute treatments.
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11 June 2024 | 16 replies
as Update to this post from 6 years ago, there are heloc's on owner occupied 2-4 unit properties up to 89.90% CLTV or combined loan to values (meaning multiple loans but all together not exceeding 90% of the value).Terms typically areinterest only first 10 years and drawable from the lineyears 11-30 its Principal and interest payment Prime index/rate + margin (this portion is fixed but prime is not)underwriting is done assume prime + margin + 2% stress test for underwriting meaning if your prime + margin was 10% then your underwriting rate used to determine your maximum line you can qualify for would be 12% rate as an example based on principal and interest payment over 30 years or 360 monthsIncome is the main determinant of your qualification and fico min 680+ is just the min score to get through the "front door,"Maximum DTI or debt to income allowed is 45% DTIMaximum lines on this product go from 500-750k so you can get a decent line size that can actually buy other BRRR's or fix flips and deals.
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11 June 2024 | 7 replies
Once you sell you get 45 days to identify a replacement like property and then 135 days to close.
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11 June 2024 | 8 replies
I am looking for a single family home with 4/5 bedroom and about 3000 sqft.
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12 June 2024 | 14 replies
The list does move, but realistically this could be a 3-4-5 year wait, presuming nothing else changes in the proposed wait period.