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26 October 2018 | 5 replies
It basically says that anyone who has a short term rental, needs to live a few minutes away, has to pay $1000 annual permitting fee, get regular inspections, must do it in an area zoned commercial, and any short term rentals must be over 30 days.
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25 October 2018 | 3 replies
Should I just go through a regular management company to find tenants for a long-term lease and just make it a fully furnished rental?
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1 November 2018 | 7 replies
Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid the appraisal, environment fee, wasted countless hours etc...The texts in LOI: Financial covenants:-- Min DCR based on actual rents for the first trust deed of 1.25:1.00 based on a 25 year amortization by the end of 2018.And in the loan doc---Property is to maintain a 1.25:1.00 Debt Service Coverage Ratio, tested annually.We would not have paid the fee and sign the LOI, had he included the phrase tested annually.Please understand that the loan will be for 10 years long, and we are very confident that we will always have fund for the monthly mortgage payment.
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25 October 2018 | 3 replies
I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entire deal with my own money (cash).The rehab loan will enable me to obtain an additional property, so in six months i'll have two properties ( one with the loan, another with my cash) but it'll cost me an extra $10k (on top of the regular down-payment which in any case i'll have to lay out) .
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26 October 2018 | 2 replies
I'm assuming I wouldn't get a regular homeowners insurance.
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25 October 2018 | 5 replies
Seller won't make money unless if servicing company grants relocation.
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26 October 2018 | 4 replies
Being a local company, providing quality housing and great service is very important to us.
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25 October 2018 | 0 replies
Pay for professional cleaning services upon departure (for Dog)Many Thanks in advance!
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27 October 2018 | 3 replies
The local folks are regular employees.
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17 December 2018 | 32 replies
I haven’t checked with my insurance company, but if you can say no to pets, no to regular smoking then I don’t need see a reason why you can’t say no to pot...