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3 October 2024 | 7 replies
Unfortunately, it was an intentional fire set by a tenant getting evicted.
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25 September 2024 | 12 replies
You can always set the closing day out further if you need to, but I wouldn't let it sit if it's ready to go.
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4 October 2024 | 3 replies
- Should I get a real estate agent or realtor estate lawyer to help me with paperwork that because I have no clue when it comes down to contracts/documents regarding sales/purchases.
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27 September 2024 | 13 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
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4 October 2024 | 4 replies
Get a deposit.Yes offer a discount.You should be fine if you do these.
3 October 2024 | 4 replies
My first road block is getting financing with decent rates.
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24 September 2024 | 8 replies
This makes investing directly in RE difficult, clearly not impossible but harder to get things rolling.
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4 October 2024 | 2 replies
We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.
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25 September 2024 | 14 replies
Is there free time in a deal where I can get my loan ready?
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3 October 2024 | 4 replies
Don't get too low, it's part of the game.The important thing is how you respond.