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3 May 2024 | 7 replies
I am assuming the lender even at a low LTV would require a first position, but just guessing as this is my first seller finance transaction.
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2 May 2024 | 7 replies
You can drive around town looking for properties that looks distressed, put up signs, let your friends/family know you buy houses, look online, etc.
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2 May 2024 | 4 replies
I am hoping to meet the requirements for the STR loophole and offset his income.
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3 May 2024 | 17 replies
I was hoping to find some sort of refi with payment deferments but it looks like the programs require more equity that I have.
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1 May 2024 | 2 replies
I have found a couple online and I am curious if there are other "harder to find about ones".
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3 May 2024 | 2 replies
The current tenant says they have gotten the problem fixed but all that is required is some tile work and installing the new toilet.
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1 May 2024 | 11 replies
We use an online payment system and we only allow one tenant to be responsible for signing up to make the monthly payments.
2 May 2024 | 41 replies
A CSLB-issued license is required for all construction-related work that costs $500 or more in combined labor and materials.Thirteen of the 18 suspects were cited for contracting without a license (Business and Professions Code section 7028).
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3 May 2024 | 3 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
3 May 2024 | 7 replies
I have an investment thats been stable. has not required much upkeeptwo years iv owned it without much difficulty finding renters hvac, roof without issues so far but are on the back end of expected life.