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4 February 2025 | 7 replies
Clouded titles are often uninsurable from a title insurance perspective.
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25 February 2025 | 3 replies
As far as financing goes, I have now a steady income (although a small history), a FICO score over 760 (but never had a loan), and my dad who could co-sign if needed.
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19 February 2025 | 0 replies
However there is one bank in Croatia that helps foreigners with loans.
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28 February 2025 | 30 replies
So, some quick back of the napkin math for the theoretical turnkey scenario you described above:- Purchase price: $2.5 million- Down payment: $850K- Loan amount: $1.650 million - Gross Scheduled Income: $288K- Operating expense ratio: 35%- NOI: $178K- Debt service at 6.7% interest = $128K annually - Before tax cash flow = $47,1999 - Cash-on-cash Return in Year 1 = 5.55%A $47K / year return on an initial investment of $850K seems pretty modest, no?
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30 January 2025 | 6 replies
Quote from @Max Pergament: Quote from @Matthew Irish-Jones:Licensed and insured to manage third-party properties.
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4 February 2025 | 87 replies
Who covers the tax bill when they don't pay the tax bill or the insurance?
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27 January 2025 | 18 replies
Knob and tube is very difficult to insure.
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20 February 2025 | 2 replies
Look up the loan officer and not the company (do they have any online reviews or social media presence; if possible look up their production numbers to see if they are any good)4.
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20 February 2025 | 5 replies
Hi Nancy,If you need a start or are curious on any sort of loans, shoot me a DM or email!
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8 February 2025 | 10 replies
Most loans are sold to those two entities.