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2 April 2024 | 4 replies
Broker Requirement: It seems like becoming a broker may be necessary to obtain a property management license.
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1 April 2024 | 17 replies
I literally told them (Sparklight) the service was for the building and had no difficulties obtaining this.I can see the day when there will no longer be USPS; by their own inflexibility to serve others and move toward the changing postal needs and desires of people, they have set in motion their obsolescence.
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2 April 2024 | 6 replies
They also require annual licensing so be sure to include that in your operating costs.
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3 April 2024 | 15 replies
If you are looking to do this owner-occupied, conventional may work, but if you have issues qualifying, you can run the numbers as a non-owner-occupied property and pursue a DSCR loan.I am able to qualify for a conventional loan with a 5% down and an interest rate of around 7.5%.I would like to know how down payment requirements and interest rates for DSCR loans compare to conventional loans.
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1 April 2024 | 1 reply
Assuming that a loan required 10% down, how do people come up with the 10% when going from seller financing to traditional financing?
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2 April 2024 | 10 replies
I'm all for stricter requirements to become an agent.
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1 April 2024 | 5 replies
While it's unlikely that all burners will be used simultaneously, I want to ensure proper ventilation in case tenants decide to cook large meals regularly.The standard rule suggests dividing the BTU by 100 to determine the required CFM for the vent hood.
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2 April 2024 | 20 replies
When you get the wholesale buyer, you should require they put up an equal or higher deposit.
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2 April 2024 | 3 replies
Some states require you to store it for 30 days.
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1 April 2024 | 6 replies
That's what I would use in MD, BUT not sure if there are specific requirements in Oklahoma City.