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22 February 2024 | 1 reply
For primary residences, lenders typically don't require PITI (Principal, Interest, Taxes, and Insurance) reserves beyond the down payment and closing costs.
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22 February 2024 | 5 replies
Rural areas are typically defined as areas with populations of fewer than 35,000 people.Use: The property must be used primarily for rental purposes and provide affordable housing options for low- to moderate-income tenants.Developer/Owner Eligibility: The developer or owner must meet specific eligibility requirements set by the USDA, including financial stability and experience in property management.Income Limits: The tenants who will be residing in the multifamily property must meet income eligibility limits set by the USDA.
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23 February 2024 | 62 replies
Shoot me a message and I will send you the link.The meetup is actually tonight and typically the event is catered
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23 February 2024 | 4 replies
For example, adding a back deck, garden area and dog washing shed in a few of my properties to ensure I attract the best tenants and they appreciate living in my property (and don’t leave).
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23 February 2024 | 24 replies
No reviews typically means a new listing, so that can be a risk for some vacationers, but for others an opportunity which you can market to.Good luck!
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22 February 2024 | 4 replies
Hi,Hi, Does anyone have a recent experience with regard to how many weeks out a jury based eviction trial is typically scheduled for in Orange County, CA?
23 February 2024 | 7 replies
Typically going from one to the other does not work like this case.
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23 February 2024 | 13 replies
Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines
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21 February 2024 | 5 replies
As an example in a typical syndication model the investors get around 70-80% of the profits.
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22 February 2024 | 2 replies
What I am really struggling with as I develop my strategy is; why would anyone finance a deal vs paying all cash (assuming you have enough cash resources of course).As an example, assume a turnkey house costs $200,000 and rents for $1800.