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18 May 2024 | 4 replies
Instead, they typically employ a sales comparison approach to determine the property's worth, using the income to calculate the DSCR, which usually needs to exceed 1.0 for most lenders.Assuming you have a solid track record with the property and there's enough equity in the deal, leveraging the After Repair Value (ARV) on a sales comparison evaluation could enable you to refinance into a bridge loan until the necessary work is completed.Maybe a mortgage broker specializing in traditional loans could offer insights into construction-to-permanent loans
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21 May 2024 | 41 replies
But I raise it incrementally and give them a respectful notice in person.
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20 May 2024 | 121 replies
Mini-Storage has been a great businesses for us it consistantly gives a solid return.
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20 May 2024 | 32 replies
I personally found I’m good at it if it’s a simple job, normal easy walls, but hire out if its 2-story height, painting cabinetry, wood windows etc as they are a all a big pain.
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20 May 2024 | 4 replies
The VA loan assumption can be done by a non-va buyer, as long as that person selling does not use their VA loan benefits on their next purchase.
20 May 2024 | 2 replies
I'll be around this weekend if you want to meetup and talk in person while you pass through.
20 May 2024 | 5 replies
One being that I personally needed liquid resources(cash).
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20 May 2024 | 4 replies
however for one living in CA I do like Vegas personally ( I have invested there) as I have invested in over 20 states.. what I like about Vegas is the age of the homes you would buy at 500 to 1 mil.. no really nasty weather that adds to differed maintenance..
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20 May 2024 | 0 replies
I know that, overwhelmingly, it's what you fill your head with that counts, it's the day-to-day actions you take, it's the spouse you marry, it's the systematic choices you make, and perhaps most importantly, the personal hypocrisy you don't allow yourself to get away with.
20 May 2024 | 0 replies
The person being interviewed had a marketing strategy using TV commercials (maybe billboards?)