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2 March 2024 | 16 replies
Not sure if that will require a transfer tax.Insurance policy changes are used at least by banks as a source to identify change in ownership.Just a thought...not legal advise.
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1 March 2024 | 12 replies
By selling the property now, you can avoid the time, money, and effort required to make repairs and potentially deal with ongoing property management responsibilities.On the other hand, if you are willing to invest in the repairs and potentially hand off the property to a property management company, you may be able to increase the value of the building and generate higher rental income in the long run.
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1 March 2024 | 19 replies
Also, the good thing about primary is that it only requires you to put as little as 3.5%-5% for properties up to 1-4 unit or 0% if you are a VA.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.
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1 March 2024 | 18 replies
My list of required repairs was 70+ after that first inspection.
1 March 2024 | 10 replies
The most common way around this is to get a DSCR refinance, which requires 3-6 months of seasoning.
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1 March 2024 | 14 replies
Given your circumstances, the following advice and considerations apply:Benefit from low interest rates, no down payment required in most situations, and financing for up to four units when you take advantage of the VA loan.A thorough grasp of your budget should include the purchase price of the property as well as any possible maintenance expenses and other related expenses.
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29 February 2024 | 15 replies
Other purchase programs will require the 20-25% of the 200k.
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4 March 2024 | 71 replies
Apparently he paid them or required them to come on here and say things like that he's a go-giver and provides way more value then we'll ever know and stuff like that.
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29 February 2024 | 1 reply
I'm looking for LTR seller / owner finance deals that require $10k or less in down payment and that don't need much rehab (at maximum light rehab).
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2 March 2024 | 35 replies
We are required to maintain a household at home while traveling and on assignment.