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12 April 2024 | 0 replies
Luckily bank agreed to make repairs needed to pass four point.I had to get a renovation loan insurance policy where I paid for a year up front in escrow and they would pull $400 a month till renovations were completed and then I could find a new insurance policy and the remaining escrow would be transferred to the new policy.Paid $540 for an appraisal.
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12 April 2024 | 8 replies
So - I installed a beautiful trellis with blooming flowers.
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14 April 2024 | 17 replies
@Diane Dutt very few lenders will call a loan that is current and paid on time.
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14 April 2024 | 15 replies
The management company just happened to be hooked into the deal with Growth Equity group and they also provided the interest only hard money loan for the balance of the purchase price.
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12 April 2024 | 4 replies
i dont plan on watching them just dont want to deal with removing and re installing if ever vacant.
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14 April 2024 | 10 replies
But we are paying all that back down, so as our balances decrease and we get farther away from that missed payment we will be able to get a loan on the house we inherited and use that to get us going on some income properties or maybe a flip.
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12 April 2024 | 0 replies
This could be a stupid question, but I want to install security cameras on my triplex property.
12 April 2024 | 3 replies
It was installed with a permit.
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14 April 2024 | 6 replies
Last thing you want is to not be able to get the renter out especially if you are on a hard money loan.
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11 April 2024 | 3 replies
The market here is obviously tough (and we'd like to invest here or nearby for several reasons), but we have heard about second home loans that have more favorable down payment and interest options which could increase our buying power and allow us to cast a wider net during our property search.Understably this type of product would have to pass the sniff test.