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31 July 2019 | 48 replies
I made numerous connections, found private investors for purchase and rehab and refinanced a number of properties.
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9 July 2019 | 3 replies
There are numerous options today; each have their own unique features but also similarities.Besides partial payments, what other features are important to you?
10 July 2019 | 4 replies
There are numerous hard money lenders that will lend to you for the renovation and then do a refinance to take out the hard money and provide you with a fully amortized loan, even with credit challenges.Stephanie
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11 July 2019 | 1 reply
Don’t just dump it all into one category; divide the cash you have on hand, what’s coming in, and what will come in, into separate pools and plan based on that.See the original at: https://thinkrealty.com/3-kinds-cash-build-kingdom/
18 July 2019 | 4 replies
Here's your problem right here:"second lender called and said that i would need to take out an investment loan instead and did not know what the interest rate for that would be, even though I told them up front what the property would be used for [...] vacation rental property"Lender 1 took your words as meaning rental property (can "count" projected rents towards DTI, normal investor interest rate).Lender 2 took your words as meaning vacation property (can NOT "count projected rents towards DTI, way better rate).There is no category for "vacation rental" property. 3 categories:Primary residence.Second home aka vacation property.Investment aka rental property.
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11 July 2019 | 5 replies
There's another category called "prepaids" you'll want to get familiar with as well, which are the taxes and hazard insurance premiums a lender requires to be paid in advance so as to ensure their collateral (your home) isn't go to be a loss if you don't pay the taxes and the Govt comes and takes it away or it burns down in a fire.
12 July 2019 | 14 replies
It seems she was in the "small family" category as the technicians never saw evidence of anything near the volume she was reporting.I did learn the Teriminix $800 house sealing treatment can be had for much less if you get the Home Depot squirt gun and caulk-like sealer, then patiently explore every crack in your foundation.
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28 November 2019 | 33 replies
Not to mention staying above that 5 unit mark, puts you in a different category.
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16 July 2019 | 5 replies
The asset manager has numerous tasks, some of which need to be completed before other tasks can be started.
10 July 2019 | 1 reply
2 years ago purchased 2BR/2BA condo in 4-star building to live in; one year ago acquired two additional condos same building through 1031 tax exchange that break even on cash flow but lots of gain embedded in each from numerous rollovers.