1 July 2018 | 8 replies
I agree with @Jim Cummings.
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1 July 2018 | 10 replies
If you roll $60k in closing costs (~7%, totally arbitrary) into the loan amount, that will take cash flow down to ~$700 a month.If you can get the current owner to agree to make the necessary repairs per inspection, then it sounds like a very exciting deal.
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9 July 2018 | 13 replies
I agree with you on 20% down also to avoid PMI.
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3 July 2018 | 16 replies
I agree, I'd call the power company emergency line.
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1 July 2018 | 4 replies
Just listen…Episode 283 Paul Thompson - Quite a new episode but I would think everyone would agree this is a top episode.
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30 June 2018 | 0 replies
Are there others that agree or disagree?
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1 July 2018 | 1 reply
I know of some portfolio lenders/small local banks in South Carolina that would agree to this as long as the total debt service (1st and 2nd mortgages) is still above a 1.25.
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9 July 2018 | 9 replies
@Haley Brown - I agree with Ashish.
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30 June 2018 | 0 replies
The franchisor does not want residential real estate transaction run through the brand and I agree with that philosophy.However, I personally invest in residential rental properties and know I can easily grow a separate company that will handle residential real estate brokerage transactions and residential management assignments.