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29 December 2020 | 35 replies
Meaning that even in an eviction the judge may award in your favor minus the late fees.
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26 August 2019 | 8 replies
My plan was to focus on learning and creating a business plan with the goal of making my first investment purchase in 8-12 months; however chances are high that I’ll be moving to New Orleans next month for a job opportunity and I was hoping that the BP community could offer some advice on my options.My move to New Orleans will most likely be temporary (~2 years) before moving back to the NC/SC area (Greenville, SC most likely).My company offers a fairly generous relocation package in which closing costs of a new home would be paid for by the company, but I would need to make a purchase relatively quickly.After selling my house in NC, I’ll have around 100k that I could invest with an annual salary around 95k.House hacking sounds like a potential option; however, my new job will involve a lot of short-notice travel which would make it difficult to do much property management myself.I’m leaning towards purchasing a small/relatively cheap single family home in an area that is hopefully favorable to appreciation (any location suggestions?)
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12 August 2019 | 17 replies
Are the demographics in your favor, or in your face?
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14 April 2020 | 5 replies
The odds are in your favor that it will all work out.
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8 August 2019 | 10 replies
If you have less than stellar credit, little money in the bank and no assets, they can lend based mainly on the deal itself, but you will get the highest rates and least favorable terms.
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8 August 2019 | 3 replies
So just be aware you aren't doing them any favors by inviting them out to lunch: they are doing YOU a tremendous favor if they accept.First, I'd introduce myself.
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12 August 2019 | 3 replies
Since I'm not renting to individuals, I don't maintain appliances... it's more of a business to business lease so make the terms more favorable to you.
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29 August 2019 | 2 replies
The other 2 options I usually offer are standard financing at a little under asking and then seller financing either at or above asking with with really favorable terms for me.
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14 August 2019 | 7 replies
So when I go to buy a second unit, a lender will look favorably on me.