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20 September 2024 | 13 replies
You can probably get a construction loan to build on it, but just to buy without an immediate building plan on just to speculate that land prices will go up, unlikely, as there's no income stream.
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21 September 2024 | 0 replies
What I've thought of:-Offer to show my bank statements for up to 10 years showing I make enough money-If for any reason I cannot make my mortgage payments at anytime, I will agree to sign over the deed.I don't have any friends or family that would co sign, so I'm not sure what to do!
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21 September 2024 | 6 replies
I will check internally on this.
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20 September 2024 | 39 replies
Replacing a kitchen in an area that is $200/psf will not achieve the return of replacing a kitchen in an area that is $2k/psf, but the cost of replacing the kitchen will be similar.
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20 September 2024 | 9 replies
You could also possibly partner with a relative who knows / trusts you to make up for any shortcomings you may have.After that, presuming you have good credit, you can go to a mortgage broker and they will evaluate your credit and financial "worthiness" against their requirements for their lenders to lend to you.
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21 September 2024 | 14 replies
Just a heads-up—bonus depreciation can be claimed up to 60% for 2024, and it will drop down to 40% in 2025, so that’s something to keep in mind as you evaluate your options.I’m not endorsing any particular company, and I don’t receive referral fees for recommending the one I used.
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20 September 2024 | 9 replies
You will only have one location.
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21 September 2024 | 1 reply
Will this be a problem with the underwriter?
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21 September 2024 | 6 replies
I will most definitely look in to the meet ups section.
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20 September 2024 | 17 replies
I have done my research and feel confident the properties will still cash flow with Long Term Rental rates in the area, but will cash flow a much higher rate if the STR rates on the estimators are accurate.