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3 March 2024 | 2 replies
List of things to fix:Clean house, Carpet replacement, Floor patch up, Interior Painting, Bathtub recaulk, water heater replacement, leak check, small dry wall cut and restore, Roof fascia repairThank you.
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4 March 2024 | 8 replies
Contractor payments, online orders, card swipes at home improvement stores, utility payments...
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3 March 2024 | 1 reply
There is more than enough square feet, but there will need to be several cuts before installed on the rental.
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4 March 2024 | 1 reply
Hey guys, I know most of the time it’s important to buy in a landlord friendly state so this way you’re protected in case of an eviction & it’s in favor for you, the investor.My whole strategy has been to have tenants that have vouchers to section 8 bc of payments being guaranteed depending if tenant needs a lot of assistance.My only issue is that I am in a tenant friendly state here in NJ.
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4 March 2024 | 7 replies
@Mike MutabaziIf you are planning on getting traditional financing for each property, then you will need to find some way to provide a down payment.
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5 March 2024 | 15 replies
@Kay Nemen partial cut & paste below:EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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4 March 2024 | 5 replies
Can you buy a new primary residence using a conventional loan with a 5% down payment?
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5 March 2024 | 7 replies
Would I still pay taxes on what I don't spend on the down payment?
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2 March 2024 | 5 replies
The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income.
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4 March 2024 | 17 replies
I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan because the LLC does not have credit history?