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30 September 2024 | 8 replies
Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .
4 October 2024 | 2 replies
Please let us know if you are interested.
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1 October 2024 | 2 replies
Link : https://www.airbnb.com/h/palmparadisehottub What made you interested in investing in this type of deal?
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5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!
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2 October 2024 | 3 replies
With HELOC rates at 8%, however, and taxes due on the investment income, the spread isn't high enough to justify the risk.
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4 October 2024 | 3 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
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3 October 2024 | 3 replies
The late fees accrued interest and advances is probably significant.
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1 October 2024 | 4 replies
The rents are as follows (pro forma): $1,400 (3 bed), $1,600 (3 bed), $850 (1 bed), $850 (1 bed) What made you interested in investing in this type of deal?
2 October 2024 | 10 replies
Talk to my property manager about canceling the 2 bookings and offer the house to people that have been displaced and can pay thru FEMA assistance at a discounted rate.
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30 September 2024 | 16 replies
It is a combination of reviews, pricing, amenities, quality of photos/listing, and CTR (click-through rate).