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27 June 2024 | 4 replies
I’ve started off with buying equity in a new build that cash flows as a mid term rental.
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23 June 2024 | 1 reply
Are these attractive terms for a housing market that appreciates on average 6%?
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26 June 2024 | 65 replies
Something I am currently interested as well.4BR/3BA SFH (possibly smaller if the numbers make sense)Between Kissimmee & Lake Nona area (not something like pine hills)30-45 minutes to Disney & tourist areaNo HOA or low HOAMust allow a short term rental (open to long term rental if the numbers make sense)Last property I was interested in, I found out that it only allowed 7 month leases for rentals.
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27 June 2024 | 5 replies
Average vacancy term on a renovation project: 3-6 mos. unless severely damaged (i.e. fire).
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26 June 2024 | 4 replies
Lenders usually look for established rental income history rather than future projections.Alternative Documentation: Some lenders may consider future rental income if you have a solid lease agreement and other supporting documentation, such as a detailed rental market analysis.
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28 June 2024 | 17 replies
But I would have the access to the MA MLS also, that can be helpful in terms of wholesaling.
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26 June 2024 | 5 replies
The only time that you might run into a problem is when an HOA does not allow for short-term rentals.
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25 June 2024 | 6 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!
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27 June 2024 | 7 replies
Many lenders offer flexible financing terms for investors.Do you have any properties in mind?
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25 June 2024 | 4 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.