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26 July 2024 | 10 replies
Then the PMC can accompany the buyer/inspector/appraiser to view the property - as long as the owner is somehow compensating them for their time.
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24 July 2024 | 10 replies
That is what I am uncertain about but know I have to be prepared for it in terms of the hidden costs beyond the external fixes for the property.
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22 July 2024 | 120 replies
How much lower would home prices be without being able to write off interest, property taxes, or getting easy long term fixed financing.
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25 July 2024 | 0 replies
Efficient negotiations secured the property for $200,000 under favorable terms.
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23 July 2024 | 8 replies
I don’t want to have to wait a long time to save more money to buy my second one.
26 July 2024 | 12 replies
Ensure it meets safety and zoning requirements before using it as your primary residence to avoid violating any laws or terms of your owner-occupied loan.
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23 July 2024 | 13 replies
Takeaway is having at least 1 medium term guest will yes have lower rent potential but less headache and helps stabilize income.Gross Earnings: $2,200Expenses: $75 supplies (we clean ourselves, takes 10 minutes, and it's right upstairs no biggie)PITI: $2,700We paid $800 including utilities and any little repairs needed to live here.When we move out, we expect to cashflow around $500 a month conservatively.
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25 July 2024 | 5 replies
We feel like this is great business to be mid -term focused. thanksMax
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24 July 2024 | 2 replies
As you look to scale your portfolio, first, ensure your mortgage terms allow for flexibility, such as the ability to refinance or access equity.
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24 July 2024 | 4 replies
The going rate for short-term private money is 12%.NO private lender can stay in business making loans at half of the market rate!