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9 May 2024 | 2 replies
The only lenders that can use AirDNA for rural STRs will require 30% down, so I would suggest either partnering with someone or saving up more for a down payment.
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7 May 2024 | 19 replies
Also, you may consider writing contracts that have a processing fee put in place for client that "OPT" to "NOT" pay online as a motivating tool to sign up for online payment.
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9 May 2024 | 9 replies
Response to #3: Ideally you run it through the new LLC but for the purposes of the loan, it may not be required.
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9 May 2024 | 13 replies
@Cheyenne Bolin You could get a DSR loan that requires 20-25% down, so how much can you access with a HELOC on your primary?
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9 May 2024 | 28 replies
who knows. that's why i keep telling this guy to find someone who knows what they're doing vs listening to guys like you and i arguing online.
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9 May 2024 | 23 replies
I'm not one of those super-rich all-cash investors, I would have to leverage and lenders require insurance, no?
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6 May 2024 | 8 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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8 May 2024 | 9 replies
The catch... apparently he is pretty squirrely and hesitant with lending to new guys (understandable) so he requires the veteran (the flipper i recently met) to co-sign.
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8 May 2024 | 7 replies
Some require a water change after every guest.
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8 May 2024 | 14 replies
Professional install and removal required.