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15 September 2024 | 3 replies
OK, so not that exciting, except to me.
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15 September 2024 | 3 replies
I've never seen this before and puts me off them a bit.
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14 September 2024 | 5 replies
Tenants agree to return the appliances in the condition supplied less any normal and reasonableThe tenant emailed me about two days after moving in and said the refrigerator was not supplied in complete working condition and is demanding I replace it ASAP.
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14 September 2024 | 5 replies
HouseMax agreed that I am owed the full $14k, but they informed me that the "investor" and loan servicer (FCI) are refusing to refund the amount.I'm unsure who should be held accountable or what my legal rights are in this situation.
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15 September 2024 | 22 replies
Let me know a good time to chat!
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14 September 2024 | 1 reply
I’m a residential superintendent in NYC which requires me to live on-site so, from my understating I don’t think I will qualify for a FHA loan on a multi-family because that requires me to live in one unit for a year.
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14 September 2024 | 2 replies
Recently, PM suddenly told me that this property needs "lead testing".My PM is not aware of this I already have 2-year lead certificate from the previous onwer AND assigned an inspector for lead inspection for me.
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16 September 2024 | 7 replies
It doesn't quite remind me of 2004-2008 since the borrowers need to have a history of paying their bills on time and provide evidence of the capacity to repay the debt, for investment properties lenders are requiring anywhere rom 10-25% down depending on the loan amount and documentation.
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9 September 2024 | 18 replies
You must occupy the residence within 60 days of closing and live in it as your primary residence for 12 months before renting out other units.Do this several times and you will have 3-4 performing (hopefully) 4 plexs (or tri or duplex) and then you can look at doing STRs.It would create a great base for you to work towards early retirement.
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7 September 2024 | 9 replies
If so then let me know, happy to put you in touch with my local lenders that can give you a gut check on your numbers.