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31 August 2019 | 7 replies
The appraisal will have all the info on it as far as NOI, but it is up to the lender to decide how seriously they will take that number.Some lenders require it to big double the mortgage payment at least, others require it to be occupied, while if you have reserves for a couple months, they don't care.What you mainly want to look for is what lender the borrower is using or if you're getting an appraisal for yourself to just ask upfront.Hope this helps, feel free to reach out if you have any questions.
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4 February 2020 | 4 replies
In the equatorian coast there are many cities with low coast properties: Salinas, Playas and Manta are the main ones.
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5 June 2019 | 42 replies
I feel like the main advantages RE has over Stocks is obviously control, leverage, and you can keep the asset while it cashflows.
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31 May 2019 | 4 replies
Thinking about using my VA loan for our main house and using my wife's VA loan for a rental property.
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30 May 2019 | 4 replies
The main difference between a homeowners policy and a dwelling fire (landlord policy) is the contents.
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1 June 2019 | 5 replies
As you continue to interview PMs, you'll add/remove questions and you'll begin to understand the flow of asking questions to highlight your main priorities.
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14 June 2019 | 5 replies
The units are located in a strip mall w/a grocery store as the main tenant and smaller pads w/fast food restaurants & other local businesses.
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3 June 2019 | 10 replies
Realtors communicate with each other mainly via email and text.
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26 June 2021 | 97 replies
While driving down Main Street, make a left a Wally's Liquor.
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2 June 2019 | 12 replies
The main negative is that the house must be in good shape.