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1 August 2024 | 2 replies
Do not fall for the attractive looking term sheet.
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30 July 2024 | 6 replies
Below are the figures:Purchase Price: $225,369.78ARV: $199,000.00Mortgage Balance: $209,099.44Great thing about wraps, however, is you can add equity, interest, and your own terms, which is what the borrower did here.Via adding $101,000.00 in equity, the borrower plans to sell the property for $300,000.00 for a 30 year amortization and have the borrower place a down payment of $15,000.00.
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1 August 2024 | 5 replies
So there's no blanket prediction for the US as a whole except that if rates stay higher long enough to work through all of the 2.5 mortgages, housing may come down somewhat because it's virtually frozen right now.
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27 July 2024 | 4 replies
It sounds like you're embarking on an exciting journey in real estate investing.Investing in the Pocono area for short-term rentals (STRs) can be a lucrative venture due to its popularity as a vacation destination.Take the time to thoroughly research the Pocono area's vacation rental market.
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3 August 2024 | 29 replies
Both were converted from large SFH to multi family a long time ago.
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30 July 2024 | 4 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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31 July 2024 | 3 replies
We have been contemplating our strategy to start our business by having my sister buy her first home locally here in Connecticut, a duplex as her primary residence and live in one unit with our mother, while renting out the other unit to a resident, and be able to also rent out her single-family house as a short term/midterm rental to traveling nursers/working professionals on furnish finder.
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1 August 2024 | 2 replies
If they continue to smoke in the apartment, you have grounds to file for eviction due to them breaking the terms of the lease.
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30 July 2024 | 12 replies
I am looking to learn what is the best way to leverage that through LLCs to get into the multi family or long term rental investment game.