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29 May 2018 | 14 replies
The lady has not be reimbursed.Two days ago I received a call from a neighboring tenant who reported "Kathy's" dog was being left in the apartment for 12+hours at a time and the smell of dog feces in the common hallway was so bad it was unbearable.
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28 May 2018 | 8 replies
Received healthy opposing comments; some with excellent advice, but I went with those who advised me to hang on to it and not sell - based on my buy and hold strategy.
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27 May 2018 | 2 replies
Refi could be a good option, you may be better off waiting 6 months and then receiving higher LVR.
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30 May 2018 | 9 replies
Once they see you have only been on title for 1 month, even though your father has been on title for longer, you will NOT be able to receive a cash out loan.
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28 May 2018 | 7 replies
I’ve received quite a few, I’m sure everyone does, I accept and then that is itThey never message meSo what is the point of people sending colleague requests?
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29 May 2018 | 18 replies
Now, if you aim to receive 10% as Equity return on your down payment that is $34,000.00 Therefore to make this deal work, the property need to make is $34,000+ $81,600= $115,600 minimum, just to make you wholeAt given NOI $214,000.
28 May 2018 | 0 replies
Another week goes by and I didn't receive the new lease.
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1 August 2018 | 10 replies
Here' how I would do it with $100K using a BRRRR Strategybuy a 4 Plex for we will say 250K / 20% down = $50K DPPut $20K into renovations, it helps if you can do some or most of the work yourself (Sweat Equity) Rent out three of the units and house hack by staying in the 4th unit so essentially you would have $0 living expenses if done properly.Get the property appraised after making the renos, we will say it gets reappraised at 325K.Refinance for 75% of the new appraised value (325K*0.75)= $243,750KPay back the original mortgage of $200K You end up spending $50K DP + $20K Renos = $70k to get the property and you'd get back $243,750K - $200K (original mortgage) tax free back plus $81,250 in equity in the home that is tax free as well since you'd be getting refinanced at 75% of the total mortgage you'd receive the remaining 25% equity in the newly appraised value of the home ($325K *0.25) = $81,250 in Equity plus $43,750 in cash.
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31 May 2018 | 10 replies
Even if you find Memphis invest to be expensive for investors, one thing is undeniable: They know their stuff and do an excellent job, albeit expensive.
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30 May 2018 | 6 replies
Whichever provider you consider, just be sure to consider the total delay in receiving your funds.