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9 July 2024 | 4 replies
I have a nice down payment as was gonna offer a potential subject to if i paid their profits/ closing costs...but can you subject to a loan not in bad standing/ FHA?
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8 July 2024 | 20 replies
With rental properties (assuming your using leverage), you receive the benefits of increasing equity (forced savings via mortgage reduction), ability to lend against the asset, tax benefits, depreciation, cash flow, and possible appreciation to name a few.
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9 July 2024 | 17 replies
And with the alum. option, you'd need to add a nailer plate to attach the cross-beams to, which would increase the depth of the beam.
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9 July 2024 | 0 replies
Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.
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9 July 2024 | 27 replies
Do you want the seller to pay closing costs?
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9 July 2024 | 6 replies
The Reality is stuff costs money.
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9 July 2024 | 3 replies
If no mention was made of any type of special cleaner in the lease - that seems like an error on your part and would be a cost that you would have to bear.if you are charging the renter how old the units are makes a difference.
8 July 2024 | 5 replies
The only other item I'll add is that if you buy in an appreciating market maybe in a few years (4-5 years) the property value will increase enough to pull out equity in a refinance.
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9 July 2024 | 6 replies
Expect there to be costs to appease the tenants.
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8 July 2024 | 42 replies
If anyone has interest in splitting the cost, please reach out.