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16 April 2024 | 7 replies
Consider your credit score, debt-to-income ratio, savings for reserves, and mortgage eligibility. 6.
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16 April 2024 | 13 replies
It's opinion based and requires market research, but in general you need to compare prices vs. market rent, size, condition, and homeownership vs. number of rentals.
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16 April 2024 | 4 replies
I can only say that from our 100s of clients in your situation who are helping family in India and Pakistan own in the US, it widely depends what rules and regulations to follow based on your facts and circumstances.
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16 April 2024 | 2 replies
At a high level based on the fact pattern presented RentingFamilyMember can take some form of depreciation, which could impact the sale.
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17 April 2024 | 14 replies
Account Closed The lawsuit I mentioned would be to quiet title — whether based upon the unrecorded POA, fraud, error, mistake, adverse possession, and/or anything else a local attorney could come up with that might be successful.
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15 April 2024 | 26 replies
Conduct an Internet search or call your favorite title insurance company to confirm the following:Federal Tax Liens Take Priority Over Superior LiensOne exception to the lien priority rule occurs if you owe an unpaid tax debt.
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16 April 2024 | 2 replies
This is based on deeds in the county clerk land records office.
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18 April 2024 | 46 replies
We have a 30 yr 5M 5% fixed investor note, so we are in a good position debt-wise.
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16 April 2024 | 0 replies
Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)
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16 April 2024 | 2 replies
It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.One key aspect is the cap rate, which is a big player in determining a property's value based on its income compared to its price tag.