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19 March 2024 | 18 replies
I like your idea of short term rentals as I'd love to buy a place that I can use from time to time while having the mortgage covered with the rental income.
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19 March 2024 | 4 replies
Explore online lenders and mortgage brokers for competitive rates and flexible terms.
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19 March 2024 | 11 replies
She is totally risk averse as far as mortgages go and doesn’t understand why I want to spend my days with real estate but at least attempts to be positive about 90% of the time.
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19 March 2024 | 1 reply
Some mortgage lenders and local regulations may require you to have landlord insurance once you convert your property into a full rental.
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19 March 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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18 March 2024 | 0 replies
The properly sits on a large 28,480 square-foot lot zoned for office, creating the potential for re-development as a medical office expansion.
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19 March 2024 | 9 replies
If you get a property enough exposure and the proper exposure, then it's a matter of time vs money.
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19 March 2024 | 2 replies
Lennar Mortgage is offering Closing Cost Assistance, Free Interest Rate Buy Down and Paid OTP!!
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19 March 2024 | 16 replies
Pricing generally is impacted by every 20 point increment of your middle mortgage FICO mortgage score so a 740-760 score will get a better rate than a 680-700 score.2.
19 March 2024 | 5 replies
Should I just use a construction for the entire project or can I buy the home with a mortgage then try to knock down the home and build a new one.