John Anderson
Buying a multifamily residence as a second home/vacation property?
21 February 2024 | 5 replies
Break out single family/condo; then 2 units then 3-4 units all have different rules. 1-2 units is far easier to get approved verses 3-4 which have extra conditions to ensure that the whole project cash flows with market rents minus the one owner occupied unit. 3-4 units you need much larger down payment - as in no 3.5% downSecond home programs are for one unit types: SFR/condo/townhouse.Owner occupied means you live there and your insurance policy matches.
Adrian Redmond
The start of my journey!
22 February 2024 | 3 replies
Hi I’m Adrian based in Richmond Virginia!
Timothy Douglas
Off-Market Commercial properties
21 February 2024 | 19 replies
In the commercial world there isn't any kind of centralized data base, like the MLS.
Duane Gunkler
Logic vs. Emotion in a Rent vs. Sell Decision
22 February 2024 | 10 replies
Based on the background, it should ultimately be her decision, even if it's based on emotion.
Alex Smith
Court Schedule for jury trial
22 February 2024 | 4 replies
Hi,Hi, Does anyone have a recent experience with regard to how many weeks out a jury based eviction trial is typically scheduled for in Orange County, CA?
Joe Whitley
New Listing without reviews
23 February 2024 | 24 replies
Hi Joe, If you have access to your excellent review history, but it's not posted, you could create some sort of repository (landing page, etc.) and link it to your current listing (based on what the website allows).
Ian Skjervem
Commercial lending on $4-5M property
22 February 2024 | 9 replies
They'll e able to underwrite the deal for you and give the LOI based on the property performance.
Ross Hayes
Debt Pay Down Analysis
23 February 2024 | 15 replies
Rent, month by month with annual increases based on projectionsThis lets me look at any given year in the future and quickly ascertain the impact of a cash out refinance for multiple houses in the portfolio.
Catherine Frederick
Purchasing first condo but concerned with future negative cash flow
23 February 2024 | 7 replies
If you anticipate negative cash flow initially, consider how you plan to address this situation in the short and long term.Before making a decision, it's advisable to consult with a real estate professional, financial advisor, or accountant who can provide personalized guidance based on your specific financial situation and goals.
Nichiren Dinzeo
Fix Pool or Demolish?
22 February 2024 | 10 replies
Based mainly on your location....it'll be a big deal for a lot of visitors!