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26 March 2024 | 4 replies
A HELOC cannot be used as Reserves or assets and PITI assets are required when you buy more REI.When you look at the blended rate having a HELOC and a 2% rate again it usually causes a higher payment over a simple refinance.
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27 March 2024 | 6 replies
It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.
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26 March 2024 | 2 replies
I use Hocker Title -- they do off-market through the regular title process, but if something comes up that requires an attorney, there are attorneys on staff who can work through the issues.
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26 March 2024 | 2 replies
The CCIM designation is a big plus but not required.
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27 March 2024 | 3 replies
Start small and work your way up as you build comfort and confidence in your skills.Although not required, a real estate license can offer beneficial networking and educational possibilities for those who engage in real estate.
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26 March 2024 | 3 replies
The problem is that the insurance company is requiring utility bills from 3 months prior to me owning the property to prove the home was adequately heated.
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28 March 2024 | 34 replies
If your estate owns more than that amount, you are required to pay a 45% tax, which possibly could cost more than paying the capital gains to being with.
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26 March 2024 | 4 replies
I also require renters insurance so they can get housing coverage there.
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26 March 2024 | 11 replies
I think they require inspections after like 15(ish) units...
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25 March 2024 | 1 reply
Most banks I’ve talked to require a 6 month seasonal period.