
2 April 2024 | 8 replies
It seems like a hard money lender typically a private individual or venture firm) would be the only route to go since they are a little more lax on lending requirements than a conventional lender.

2 April 2024 | 9 replies
Verify all utilities are transferred & rental insurance obtained (if you require)6.

2 April 2024 | 5 replies
I’ve heard from some lenders that I need more equity, others said there was a “cooling period” required after purchase to be able to use additional gained equity in land (from rezoning), and others needed prior experience.
2 April 2024 | 24 replies
The interest rate and cost is higher than conventional loans but the requirements are less and the closing process is faster.

3 April 2024 | 17 replies
If it's HOA/Condo vehicle requirements you're worried about, it's usually already in a standard lease that they follow those; otherwise, they'd probably expect tenant to comply with city codes unless there's a viable reason an owner wants something more strict.

2 April 2024 | 58 replies
Also check setback requirements and off street parking requirements.

1 April 2024 | 10 replies
When I self-managed C Class properties, I would put the requirements for tenancy in the rental listing (3x rent in income, 1-month security deposit, criminal check, etc.), and then when the potential tenants called in, I would speak to them for a few minutes, explain the requirements, get some sort of verbal confirmation on some or all of the requirements, and then invite them to different showing times I had set up.

1 April 2024 | 22 replies
The ADA says true service animals do not require registration, nor can I ask to see it even if they do have it.

2 April 2024 | 3 replies
@Sippy Hira You should be seeking representation from an attorney that speciailizes in Trusts & Estates if your situation requires a Living Trust.
2 April 2024 | 9 replies
Unfortunately, due to market conditions, scarce inventory, and current interest rates, achieving a cash flow of a couple hundred per month for a long-term rental requires a downpayment of around 30%-35% if you're financing.