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8 October 2024 | 15 replies
If you have a remote lock like schlage encode, you can enter the time the code will start and end , but give the guest the information of how to enter in advance, I think If I was going on vacation and did not have any info on how to get in prior to one hour before check in that would make me a litte anxious and start my vacation with not so great vibes.
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4 October 2024 | 5 replies
Nearly everyone who tells you they're going to do a bunch of deals and therefore deserve a discount before they've ever closed anything, is simply full of ****.Flippers we actually charge more money than our going rate, because of the increased workload, and the liability.
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2 October 2024 | 0 replies
They should be responsive and communicate clearly, possess a strong understanding of the local market, offer reasonable rates, and support borrowers throughout the process, all while ensuring legal compliance to protect your interests.
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2 October 2024 | 9 replies
Refinancing would require more equity and higher interest rates, making it difficult to lower mortgage payments.
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4 October 2024 | 2 replies
Section 8 typically has a cap on the rent rate, dependent on bedroom counts.
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5 October 2024 | 16 replies
You can only borrower 75% of the value of the home as an investment 80% is possible but the rates are not worth the increase.Home #2 depending on how high you can raise the rents $100K in equity is a good chunk but again are you using a 75% Max LTV and saying there is $100K to pull out.
4 October 2024 | 26 replies
However we have struggled to rent the homes at that same rate and have come down over 20% on price.
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6 October 2024 | 2 replies
I ran the numbers with 11% interest, 1.5 points, transfer tax and 6% agent fees( my landlord would represent from our side) for 345k and 5k for unforeseens.
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4 October 2024 | 2 replies
We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.
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3 October 2024 | 6 replies
There is a great group of members on here to connect with.