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28 April 2024 | 4 replies
Hi Alex,It could depend on your experience - if you have a lot of experience in heavy rehab/construction you will (1) be qualified for the loan as construction loans require substantial experience and (2) feel more comfortable taking on the loan.
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1 May 2024 | 24 replies
Same thing for the senior living deal - I've had a bunch of people reach out - I'm not an expert but have been in it a bit - but no one has been willing to come meet me where I live and the business is at.Anyways I've come to the conclusion the apartment deals I'll want to look for I'll be getting Hud or some sort of other non recourse loan and will just do it myself with no one elses money.
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30 April 2024 | 11 replies
I am currently living in Colorado and have talked to some property managers down in San Antonio.
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30 April 2024 | 4 replies
The unit was wrecked but I was sold a rehab project that would be much more expensive so that the unit could be converted into a bigger living space; the idea being that we could get more rent out of it (close to $1200 vs. $800/mo).The rehab was supposed to take ~ 3mo.
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30 April 2024 | 2 replies
Hello all, Let me introduce myself: I'm an EU citizen currently living in Valencia, Spain and thinking about doing a fix & flip in the city.
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1 May 2024 | 7 replies
But I see that they eliminate your living room and dining room, instead putting in more bedrooms.
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1 May 2024 | 11 replies
Talking about it while everyone still likes each other can make things easier when someone wants the locks changed.wording:In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.
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30 April 2024 | 1 reply
Essentially, you live for free for 2 years to build more capital needed without the biggest expense of rent/mortgage payments, as the tenant(s) are basically paying the mortgage for you.
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30 April 2024 | 14 replies
People literally believe this and plan their lives and investment approaches around it.
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29 April 2024 | 14 replies
It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.