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2 June 2024 | 6 replies
Bergen Lafayette is unique in that the charm of houses are really important to people, so as long as you don't lose that, I think you should be good.
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5 June 2024 | 3 replies
Over several years, I have worked hard to save up for a down payment, and I currently have $200k set aside in a money market account ready to be put to use.
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4 June 2024 | 3 replies
I think this will not last and they will have to lower their prices soon, because the market force that is driving this might be people running out of money to spend.
4 June 2024 | 2 replies
I mistakenly signed a contract to sell my house with a cash buyer company.Ignorant of the process, I now have questions regarding renegotiating or request to amend contract.1) Earnest money was not offered by his minion.
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1 June 2024 | 5 replies
I would hate to refinance my duplex and lose the 4 percent interest on conventional loan.
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4 June 2024 | 7 replies
My sniff test as I get granular is that most of these units are Grade A units and charge A LOT of money for them.
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4 June 2024 | 1 reply
It was just a way to earn a few extra bucks when the circumstances proved right.The same for subject to deals; loan subordination; purchasing of “discounted” notes, or hard money lending.
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2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck
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5 June 2024 | 14 replies
You pick it based on it's effectiveness to make money!
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4 June 2024 | 4 replies
it actually does, at least for VRBO. because if you are API connected, then you collect the money for VRBO stays and pay taxes on it. if you are not API connected, then VRBO acts like Airbnb and handles all payments, etc.