Brady Winder
Question about generating + cash flow in high priced markets
29 August 2007 | 14 replies
MikeI'm not saying that is my strategy, but I bet the ROI for a property in WA purchased 10 years ago would be much better than that of a property in OH.ROI is not how some measure success.
Willis Seng
Estimating renovation costs
30 December 2008 | 32 replies
I have 4 guys that work for me full time and do most of my repetitive tasks such as but not limited to: painting, cabinets, roofing, siding, yard work, windows, tile, carpet, light fixtures, and light plumbing.
Account Closed
Lenders vs. Banks
12 September 2007 | 7 replies
I seem to be in a bit of a no-man's land looking for a lender in this range for commercial (office, retail, industrial) properties.I have been in contact with some banks, some credit unions and a commercial finance broker with limited success so far.
Ryan Urban
Ad Copy
29 February 2008 | 16 replies
He only gets paid based on his marketing for his clients so he measures the results.John Corey
Ryan Urban
"Subject To" Question -- Informing the Lender
29 March 2011 | 25 replies
SS fraud claims are running wild and I can see the FAST Act and the CPFA issuing limiting determinations on the matter.Right now, under FAST, IMO these stratigies will only be for owner occupied sellers who are exempt from mortgage origination rules.
Joshua Dorkin
BiggerPockets Releases Mac Dashboard Widget
7 September 2007 | 7 replies
Hence the average would not be all that impressive if you use the normal way to measure a typist.
Grand Wally
Section 8 Property
7 September 2007 | 3 replies
Often you are restricted or limited in raising the rent each year (depending upon the funding of the program).
John J.
Tenant Comitted Suicide
10 January 2009 | 21 replies
Even IF they were a low rent tenant, and their belongings total $200, if someone makes a claim against you, it is up to you to provide the proof there was no bags of gold.As to the cleanup of bodily fluids, yes, there are specific measures you must take.
N/A N/A
What everyone should know about Condo Hotel Investments
11 October 2007 | 11 replies
Occupancy Owner Occupied, Second Home, Investor Interest Only Option Up to five (5) years interest only, then P&I for the remaining 25 years REQUIRES MI LTV Limits Owner Occupied, Second Homes, 90% NO MI LOAN Limits $1.25 Million Credit Score Requirement: 760 International Borrowers are eligible for this program @ 80% Close your Daytona Condotel in an LLC - Requires Personal Guaranty; Does NOT report to personal credit unless there are lates or default --------------------------------------------------------------------------------80% LTV for condotels if credit scores 640 - 759--------------------------------------------------------------------------------No prepayment penalty******** End Quote ********With regards to commercial or residential status, that depends on where the property is located and how often you stay in the property.
Grand Wally
Am I being lied to?
9 September 2007 | 6 replies
What it really means is many lenders who expect to sell the loan on to Fannie Mae or any other investor who uses the Fannie Mae guidelines will not be able to do so when the borrower has 10 or more mortgages in their name.There are lenders who do not sell on their loans and they still have limits on what they will do with any one borrower.