The lender assesses whether the rental income is sufficient to cover the loan payments.

But I always thought the point of wholesalers was to find newpeople, who weren't ever going to list on the MLS and to bring those properties to the marketplace, adding to the inventory.

HELOCs for investment properties are 2x higher in rate usually due to the higher risk factors placed oon them by fannie/freddie and a more conventional risk assessment is applied when underwritting them.

I think it can depend on the value your market places on an extra half bath vs. cost to install.

At the time of closing, the Authority will charge you a one-time administration fee of up to 4.99% of the principal amount of the assessment on the Property to cover the costs of administering the Program.

What I do with my A class is just wait until i have a 700 plus fico and then I have never had a issue with rent collection ever basically.. but I suspect if there is a divorce or death that could happen.All these folks buying for cash flow only and getting stuck in the D and C areas i dont think they actually comprehend that assessment is WHAT is going to happen not what MIGHT happen..

I'm trying to assess some specific scenarios between these platforms, and how some of these challenges are overcome with them. would appreciate any insight you can offer.

Other websites you could post on: ForSaleByOwner.com, Facebook Marketplace, Craigslist, Houzeo, Unreal Estate, Isoldmyhouse.com, HomeCoin, Beycome, FizberIn the listing, mention that you are selling it as is.

Proper HOA Reserve Funding will determine whether or not your fees make a dramatic increase or a Special Assessment is levied in the near future, both of which will immediately, and negatively, affect your investment planning.

With swift action and strategic market placement, we sold it for $449,000 on 9/4/2024.