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25 February 2024 | 25 replies
The process of getting loan approved was one of the most detailed (from documentation required) I’ve experienced thus far.
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26 February 2024 | 13 replies
If I'm not mistaken, I believe PA requires at least a 30 day notice.
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26 February 2024 | 7 replies
Often, permits are required and those may pin point who was responsible.
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26 February 2024 | 2 replies
Also, you should be focused on constuction lenders who offer best leverage (usually those who will capitalize interest reserve & finance a portion of the soft costs), lower floors on the rate since most banks tie their construction debt pricing to the fed rate, perhaps offer lower or no pre-payment penalty if the property reaches the permanent financing phase of the loan product before you are able to refinance and low or no required depository relationship outside of the actual operating ccount.
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26 February 2024 | 7 replies
Successfully investing in out-of-state rental properties requires a solid foundation.
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25 February 2024 | 13 replies
If it requires anything barely beyond a broom sweep and light dust we have cleaners come back in and finish the job at the tenant's cost.
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26 February 2024 | 8 replies
Housing in the NYC area is obviously more expensive and will likely require a larger down payment.Thanks
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25 February 2024 | 13 replies
If the property was constructed earlier than 1978 you will be required to complete lead testing and upload the results prior to the rental license being issued.
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25 February 2024 | 7 replies
Hi @John Fairchild, all other KCMO long term rental property owners here:Do you eventually figure out the business license requirements or the need to pay KCMO city tax?
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26 February 2024 | 20 replies
@Michael Primavera Sure, from a literal sense, less expensive assets will require smaller down payments.