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12 February 2024 | 7 replies
When it seems like they have a final bid and no one is willing to increase it, they will often times go talk to the owner for a few minutes.
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13 February 2024 | 9 replies
@Kenji TominagaYou can Amtrak there in under 2 hours.Take the train and spend a Saturday or Sunday in areas you are consideringOut of state owners not visiting properties and or not meeting their PM’s is on the top 10 list of dumb things to do to lose $ in real estate.People will go to the store to look at a refrigerator, or appliance but not go to a home they are spending six figures on….
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13 February 2024 | 0 replies
Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or residential properties with a useful life of 39 and 27.5 years, respectively.
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13 February 2024 | 13 replies
Thanks ,Kieran Kieran - if you’re looking to invest in a non-owner occupied property, you will most likely end up utilizing what’s called a DSCR loan.
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13 February 2024 | 7 replies
Hey @Rickey Brunson, If you're looking at using FHA financing, I'm assuming you're planning to owner occupy the duplex.
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12 February 2024 | 18 replies
You want pre power of sale, the owner will atleast receive some money instead of loosing it all.
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13 February 2024 | 7 replies
No property owner should fight you on any of these requirements.
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13 February 2024 | 8 replies
if you can swing a multi unit as a primary when you move that would be another major leverage point especially with the new lower downpayment mutli family owner occupant options that are out there.
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10 February 2024 | 4 replies
They claimed I was selling a gun.
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12 February 2024 | 12 replies
If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders?