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11 December 2024 | 8 replies
I love Cross Country specifically because they can service their own loans meaning that they handle all the construction draws and payment processing.Plus, I like Homestyle over 203k because they don't have as strict of guidelines on what has to be renovated.
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12 December 2024 | 5 replies
@Brittany Farrell my recommendation is you take this post down and let your lawyer handle it. 1.
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8 December 2024 | 7 replies
The bigger companies like Apple, Google, Microsoft, etc, use RMC's to handle their relocations and they are very very difficult to pierce.
10 December 2024 | 3 replies
I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages.
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9 December 2024 | 4 replies
I have a client in KC that does this for one of his properties where he enters into a "master lease" with the organization, so the org pays the rent to him (less risk to my client), and then the org handles getting the rent money from the tenants/their clients.
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9 December 2024 | 7 replies
Most of the time is spent answering guest inquiries, scheduling cleanings, and handling the occasional issue that pops up.
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10 December 2024 | 6 replies
Painting walls, updating fixtures, or handling minor repairs yourself can save thousands upfront.Consider Your Exit Strategy: You’ve got the right idea;house hack for 1-2 years, then convert the property into a long-term rental.
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10 December 2024 | 22 replies
Some lenders offer this option, while others might prefer to handle each property individually.It will come down to the lender’s criteria, such as combined value, rental income (if applicable), and your financial profile.
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10 December 2024 | 6 replies
Hi Ben, doing this for 20 years, I’d say if you move forward, refinance your two rentals to the max they can handle under a stress test for mortgage payments.
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7 December 2024 | 2 replies
This gives you a clear roadmap for how to handle the situation while sticking to what you both agreed to.