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19 June 2024 | 18 replies
A simple explanation is DSCR is to finance the property based on the income or projected income of the property and a HELOC is like a credit card that will be given to you base of the equity of the house you are putting as collateral. 2 diffrent products consulting with a good mortgage broker that will provide you the information depending on your needs.
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15 June 2024 | 2 replies
Most residences are single-family homes under 1500 sqft, with generous lot sizes ranging from 7,000 sqft to 0.5 acres for some properties.Interestingly, despite ample space, vacant lots in this area remain undeveloped with no additional units added.
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17 June 2024 | 5 replies
They provide educational content and practical advice to prepare for your investment in a 4-plex.
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17 June 2024 | 3 replies
When we do the construction loan, we'll take the cost you paid for your lot, your soft costs (plans, permits, property prep, etc) and add it to the build costs (keep in mind, we'll make sure those amounts are fluffed and that they make sense).
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20 June 2024 | 23 replies
Even if this information has been provided in their initial inquiry, I'll ask it again.
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17 June 2024 | 7 replies
They don't provide tax documents on time, which cause significant headaches. they don't provide proof of cost mitigation studies unless you threaten to sue.I am a seasoned investor and I got duped in their flowery talk.
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18 June 2024 | 14 replies
There are tons of economic stabilizers and with the addition of XAI coming to town and the Ford Blue Oval plant this is helping the economy even more.
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17 June 2024 | 2 replies
If I made any substantial additions to it, I would be happy to share it with the community and give credit to the person who made the original.
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16 June 2024 | 11 replies
For instance, mileage from driving around to view properties for sale, educational expenses like books or seminars, expenses from networking events with other real estate professionals, etc.Hope that provides a helpful example.
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18 June 2024 | 3 replies
I dont know how much value I could provide you with on the Real Estate side of things, but if you had any questions about financing or wanted to know how that side works id be happy to give you some insight!