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18 May 2024 | 13 replies
Here are some and considerationsTo select the neighborhood that best suits your requirements and tastes, investigate the individual neighborhoods within each area.If you currently have children or want to have children in the future, research school districts.Because traffic and transportation infrastructure might differ, take into consideration your preferred method of transportation.It might be beneficial to visit each location, look about communities, and get a sense of the neighborhood before making a selection.
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20 May 2024 | 28 replies
Do this on a down year where values have dropped for whatever reason (we might be in that environment right now given interest rates).4.
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18 May 2024 | 14 replies
Obviously, lowering the fee and raising the rate is an option but that feels a little bit like spinning my wheels.At some point, if I'm dropping my rates far enough to compensate for a high cleaning fee, we get into the conversation of "is it even worth it to rent it at this rate and risk property damage, 4 star review, etc".
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22 May 2024 | 90 replies
I'm withholding a pro rated rent amount for the time the property was held and an admin fee for getting her set up with all the documents and managment software.
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18 May 2024 | 11 replies
You can imagine this can swing interest rates on refinances significantly dependent on the extent of that score discrepancy.
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18 May 2024 | 6 replies
If so what would the rates be?
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18 May 2024 | 18 replies
I feel that a new investor doing a BRRRR is too risky and does not have a high success rate.
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18 May 2024 | 15 replies
(the same loan you likely used to buy the now rental and your current primary) There is no reason no to use a conventional loan if you qualify because the rate AND terms will be better with a conventional loan then a DSCR.
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18 May 2024 | 3 replies
This is further confirmation of that, because MM never even adjusted my rates in the first place and now it's impossible to turn off.
18 May 2024 | 4 replies
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