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19 April 2018 | 0 replies
Obviously it is preferred to have it in a LLC but a typical residential conventional loan will not allow an LLC to be on loan documents and sign at closing, correct?
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19 April 2018 | 2 replies
My typical lender sent over these refinancing requirements, and I'm not sure they are typical:1.You must have 6 months in reserves for the subject property and an additional 2 months reserves for every other property you own.2.You can have a total of 6 properties financed.3.On a refinance the loan-to-value must be below 75%.4.There is a minimum loan amount of $50,000.Let me know if I'm way off base or seem to be missing something.
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20 April 2018 | 6 replies
The quality of that service is typically fair to horrible.
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20 April 2018 | 12 replies
Typically this should stay between the tenants and their car/renters insurance but... because the tenant is shoveling on your behalf you could also be liable.
20 April 2018 | 2 replies
Regular ROI typically also leaves appreciation out of the equation until you sell the property.
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24 April 2018 | 17 replies
My state doesn't require it but I will typically mention it anyway because there's a very good chance the new tenant will find out from the neighbors.
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21 May 2018 | 2 replies
Typically interest is bid down to below 8% in Baltimore County.
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22 April 2018 | 5 replies
But in many cases you can find the key value adds (higher vacancy, under market rents) in commercial and your returns can be higher, but deals will typically be bigger $750k-$5mm.
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24 April 2018 | 9 replies
We are typically at around $40 per sf in Milwaukee for a full remodel.