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2 April 2024 | 3 replies
If I do decide to flip, the focus would be to pay off mortgages to have more money coming in monthly.I have a single family house that I own in Stanwood which is being rented and that pays the mortgage for my home in Big Rapids.
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1 April 2024 | 5 replies
While it's unlikely that all burners will be used simultaneously, I want to ensure proper ventilation in case tenants decide to cook large meals regularly.The standard rule suggests dividing the BTU by 100 to determine the required CFM for the vent hood.
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3 April 2024 | 9 replies
Mortgage, taxes, insurance, utilities if applicable (although this can be passed onto the tenants), etc.
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2 April 2024 | 1 reply
LinkedIn is a great tool if utilized properly.
3 April 2024 | 16 replies
I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.Yeah, it's mortgage fraud to make false statements on a loan application or to leave out material information.
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3 April 2024 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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5 April 2024 | 43 replies
If you do not have GL insurance, you are not properly insured its as simple as that.
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2 April 2024 | 2 replies
This was a turnkey property and I just did a traditional 30 year mortgage.Â
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1 April 2024 | 36 replies
IÂ think we only run into problems when people are not underwriting and not operating properly.
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1 April 2024 | 98 replies
$500 per door with a mortgage?Â