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7 March 2024 | 14 replies
The HOA told me they require a sound dampening rating of 67% for upstairs units, and I ended up getting CoreTec ProPlus which has a 57 STC (sound transmission control) rating (I had to call the manufacturer to get that info).
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7 March 2024 | 11 replies
Then I require an application for any individual that will live in the unit.
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6 March 2024 | 8 replies
Recent amendments require a local agency to impose an owner occupancy requirement as a condition of a homeowner receiving a ministerial lot split.
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6 March 2024 | 3 replies
We've seen deals fall out in Reno, NV on 8+ units because DSCR financing required 50%+ down.
6 March 2024 | 0 replies
However, life can get complicated, and if you find yourself needing more time to gather your documents and complete your tax return, there's an option available: filing for an extension.Understanding the Extension ProcessTaxpayers who require extra time to file must submit a request for an extension by April 18.
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6 March 2024 | 16 replies
My husband's job requires us to stay near San Francisco, so we rented a place way above our means last year at $5k per month and looking to move out asap.I'm now looking at house hacking in Oakland where prices start around $550k.
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6 March 2024 | 3 replies
Since we typically acquire properties that require at least cosmetic work and the tenants are paying below market value, it is always better to coordinate a reasonable timeframe with the seller for the tenants to leave.
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6 March 2024 | 8 replies
Have you looked into DSCR Loans - they are the current go-to for STRs and don't require any DTI, and are back pretty consistently at 20% down min.Check out this recently published article on BP on this exact topic, hope it helps!
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6 March 2024 | 13 replies
Sometimes in states like OH or PA, a lender might require you to buy it out, which increases your rate.
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6 March 2024 | 6 replies
Buying in A/B-class markets like Marietta and Lawrenceville will not require property management as long as you properly screen prospective tenants.