James Cress
Closing cost help needed
23 September 2022 | 3 replies
Sell something, get receipts/checks to show it.Stall one purchase/extend to get the cash together.Ask sellers on both or realtors on both deals to kick in $1500 and find the rest.Put insurance, inspections on credit card and get the closing cost down thus showing as a creditChange to no impoundsAsk insurance agent to make the deductable $5000 or $10000 and after you close change it back to higher billYour lender is lazy, get them tweaking the numbers to keep DTI down.
Marie C. SaintVil
Raising Rents While Keeping Tenants
26 September 2022 | 19 replies
Simon extend some of the leases on MTM to space out your decisions and potential vacancies.
John Carbone
The Home Equity "Myth"
1 October 2022 | 26 replies
I think that's a vastly different scenario from new investors that jumped in these last two years.When things go south, we'll see who made wise purchases and who over-extended.
MIlton Monzon
4 plex brrrr and fire damage
1 October 2022 | 6 replies
They completely ghosted me, lawyers said it would cost 5-10k to even begin the process, and the city continues extending the contractors listing on the city because if he replies to them within 10 days of initial contact they have to give him another 10 days to respond so apparently he's been responding on the 9th day even time lol.
Adam Goyette
Renting to refugees
30 September 2022 | 1 reply
This actually extends to first time renters as well...it is surprising to me how often people do not understand basic functionality of food disposers and plumbing in general; circuit breakers; GFCI outlets; 110v vs 220v outlets; ceiling fans (pulling air upwards, or pushing it down?)
John Adeiza
Tax deduction on rental property
27 September 2022 | 1 reply
Hi everyone, I extended my 2021 taxes, and it is about due as of now.
Jack Perfett
Multi Family Comps and Existing Tenants
27 September 2022 | 1 reply
What should I be concerned about other than not being able to bump rents with tenants that have signed for such an extended amount of time?
Cassandra Krupicka
BRRRR loan-to-value dilemma
8 October 2022 | 5 replies
Or is it a better idea to ask our hard money lender to extend our terms for six months?
Dylan Giordano
New to STRs looking for advice
12 October 2022 | 14 replies
And who knows if it gets extended.
Kim Hopkins
Extended vs Standard Title Commitment
28 October 2022 | 41 replies
Sorry, I shouldn't have used the term "extended coverage".