21 January 2020 | 6 replies
It is now 1/20/20 and i have not received tenants rental deposit and last month of rent (normally owner draw is deposited on the 7th).
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27 January 2020 | 2 replies
Normally, local banks will run their lending at about 1.5%-2.5% above the cost of the funds to them.
26 January 2020 | 13 replies
If the item was previously notated on the inventory condition form upon move in then I would normally decline the repair request.
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21 January 2020 | 5 replies
I'm not sure how easy it will be to get lending without having the normal documents and proof of employment if between seasons.
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21 January 2020 | 2 replies
Real estate taxes are normally the largest expense we underwrite for, and they should always be examined as they are not static (they go up!).
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21 January 2020 | 9 replies
Because you are living there, you should be able to buy it with a lower down payment than a normal rental (e.g. 5% vs 20%).
22 January 2020 | 23 replies
Is the turnaround quicker than a normal flip because mobile homes are easier to rehab?
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20 January 2020 | 3 replies
Hi, I am in the middle of selling my house in the LA area and have an offer on the table at a good price. The problem is they are asking for more time, so inspection to be 30 days with loan and appraisal contingency t...
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21 January 2020 | 3 replies
Normally I’d say minimum income 3x the monthly rent, but he will be one of three adults living in the unit and they were already screened by the previous property management company.
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21 January 2020 | 4 replies
@Sam Mathew what is normal for that neighborhood?