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19 March 2024 | 3 replies
The LTA handbook online also has some samples at the end for the 10 day notice to quit https://law.alaska.gov/pdf/consumer/LandlordTenant_web.pdf
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19 March 2024 | 2 replies
Seeking a mentor is a fantastic idea to guide you through your first real estate investmentI'd recommend exploring networking events, online forums, and local real estate meetups.Best of luck!
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20 March 2024 | 15 replies
Of course you can refi, but you wont be able to do a full cash our with rent covering your mortgage so you can keep rolling the funds to next project.
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19 March 2024 | 18 replies
You should make sure that the rental revenue meets all of your costs, including the mortgage payment, property taxes, insurance, maintenance, and vacancy allowance, since monthly rental prices might range from $1,000 to $1,600.Property Appreciation: Take into account the market's expected and past rates of property appreciation.
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20 March 2024 | 23 replies
I definitely like the idea of room mates helping to pay the mortgage (or even covering all the mortgage), so I will keep awareness and learn more about it, so I can follow that approach then the situation allows.Sincerely,Joe
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21 March 2024 | 9 replies
In 3 - 4 weeks you close and now you own the house and it has a mortgage of the financed portion of the purchase plus the rehab funds.
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20 March 2024 | 0 replies
financed through commercial mortgage How did you add value to the deal?
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19 March 2024 | 8 replies
@Ruth S.If you are the borrower typically your private money lender drafts the agreementsThe docs we use are standard except for the security instrument as that changes by state as some states are deed of trust and others are mortgages
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20 March 2024 | 6 replies
For three months I'll be out 6k in mortgage.
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19 March 2024 | 24 replies
When you want to buy another property, your income must be sufficient to cover both mortgage payments (the new property mortgage + the higher balance on your cashout refi mortgage).