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8 April 2024 | 3 replies
I have a home owner requesting $94-139k HEI loan, structured to pay the loan when the house is sold, in 10 yrs.
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8 April 2024 | 1 reply
I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market$1800)1.
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9 April 2024 | 24 replies
If at all possible, I'd suggest beginning with a house hack because it should cut down your own monthly expenses while you build equity and there are great low down payment programs available for owner-occupied financing.
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9 April 2024 | 7 replies
Additionally, as the sole person running this business do I need to set it up for my properties to pay the PM company and then the company pays me as an employee or since I'm the owner of the company I don't have any employees and so there would technically be no employee side?
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8 April 2024 | 7 replies
They mentioned that primary residence owners get a tax exception.
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9 April 2024 | 14 replies
Since you'll be living in one of the units, you can qualify for owner-occupied loans, which often have lower down payment requirements and interest rates compared to traditional investment loans
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8 April 2024 | 1 reply
Are my fellow Newark owners also registering their units?
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8 April 2024 | 5 replies
This regulation allows property owners to build ADUs on their existing residential lots without the need for additional zoning approvals, which can significantly increase property value and rental income.
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9 April 2024 | 13 replies
I know many airbnb owners cashflowing even while house hacking!
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8 April 2024 | 14 replies
-More targeted prospecting like Absentee Owners, FSBO, etc: its ok to leave a VM/text, you can say something powerful like "are you the owner of 123 main st?