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4 October 2024 | 17 replies
I also adjusted some operating expenses to what I felt were more reasonable and based on my own research (property taxes).
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3 October 2024 | 10 replies
It is ok to ask for financials etc. may need to sign a NDA or make an offer based on what you think the financials are and then adjust.
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1 October 2024 | 6 replies
A higher down payment also demonstrates the buyer’s commitment.Flexibility: You can adjust the down payment based on the buyer's credit history, employment stability, and ability to pay.2.
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30 September 2024 | 10 replies
It is actually a 10/1 ARM, so after the first 10 years the rate will adjust once per year for the remainder of the 30-year term.
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1 October 2024 | 0 replies
Hello BP, I saw this in one of my FB groups and wanted to share this in the event you were affected - "I’ve worked as a full time licensed claims adjuster for years along with being a STR owner in Tennessee.
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2 October 2024 | 16 replies
Again, thats a no brainer.Getting units ready for rent is much more time intensive than you think.
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2 October 2024 | 4 replies
It’s also worth understanding how they adjust pricing to adapt to changing market conditions and seasonality.
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1 October 2024 | 10 replies
Structure the deal so that the purchase price is low and adjust the interest rate to equal the agreed upon payment.
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3 October 2024 | 11 replies
If they’re still resistant, you might want to consider negotiating a compromise, like a smaller increase or a gradual rise over time to ease the adjustment.
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30 September 2024 | 0 replies
Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate.