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2 June 2024 | 23 replies
How much was the cost to remove it?
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30 May 2024 | 2 replies
Let’s say you buy a property for STR in 2024 and take accelerated cost seg benefit.
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2 June 2024 | 2 replies
First time home buyer programs to pay for downpayment closing costs and renovation How did you add value to the deal?
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2 June 2024 | 9 replies
If you want a better return I suggest a targeting properties that need more work, invest in lower cost areas, or a combination of both.
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2 June 2024 | 19 replies
Each note is a seperate series of the LLC, so it’s like its own individual LLC without the additional cost of LLC setup or legal fees or state fees.
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1 June 2024 | 2 replies
But I'll need to build the road myself, which will likely be costly (especially since it'll involve clearing some trees first).Next to the property I'm buying there's a second nearly identical lot for sale that has the same access problem.
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2 June 2024 | 3 replies
We have already agreed on a price, and now I’d like to see if I can either get her to pay for some of the fixes, lower the price, or see if If there is a way to integrate the repair costs into the mortgage.
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1 June 2024 | 7 replies
Figured we could try to negotiate lot premiums, design incentives and closing cost incentives ourself.
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2 June 2024 | 2 replies
They will allow your mortgage payment and any personal debt payments (credit cards, cars, etc) to reach about 45% of your monthly income.Programs vary all over the place so it's best to ask a mortgage broker which programs you qualify for.They like two years on the job, rent paid on time, no liens or judgments, pay stubs, tax returns and so on.FHA has a 3.5% down program plus closing costs.
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30 May 2024 | 9 replies
Quote from @Tarcizio Goncalves: Yes, labor costs are generally included as a capital expenditure when renovating a rental property.