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14 July 2024 | 2 replies
This means that the buyer's broker’s commission is usually taken care of as part of the overall transaction, similar to the standard practice mentioned above.Broker’s Agreement: The buyer's agent will typically negotiate this arrangement upfront, ensuring that the seller covers the commission from the sale proceeds.
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12 July 2024 | 0 replies
By securing long-term tenants and maintaining the property’s condition, I’ve enjoyed consistent rental income and significant appreciation in property value.
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15 July 2024 | 8 replies
Need a new roof in a 3-5 years, you probably want to be pretty liquid (year long CD, Money Market, maybe very short term bond fund etc) for those funds.On a condo board 15 years ago, I was once able to get us into some nice CD's a decade ago that laddered with the useful life of components.
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12 July 2024 | 8 replies
I have done research into this loan and it seems like a good loan for me even though it seems like these loans typically have higher interest rates than a conventional loan.
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15 July 2024 | 11 replies
I thought about starting out with 1 single family residence for long term or midterm rental.
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16 July 2024 | 2 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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15 July 2024 | 2 replies
On a short term hard money loan yes. 65% CLTV max
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15 July 2024 | 2 replies
Short term bridge loan, they require much less down payment (10% or less) after stabilizing the units you can refinance with a better loan option.2.
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15 July 2024 | 8 replies
The programs are quite easy 25% down on a dscr loan and 6 to 24-month terms and can close within 14-21 days send me your email or DM me and I send you the matrix for most of their programs.
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14 July 2024 | 16 replies
We didn't expect the fact that insurance should cover short term rentals but raises a red flag for lending during the 30-60 day period after closing where they make sure you're not using the home as a rental.