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7 July 2024 | 11 replies
It looks like it's pretty much the same terms: 0% down owner-occupied and 5% down NOO. 2.25% funding fee and the seller will pay up to 6% of the sales price towards closing costs.
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9 July 2024 | 6 replies
When we close we will do so at your title company or attorney's office.Feel free to call me anytime.
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10 July 2024 | 31 replies
Cheap fix and makes the house so much more comfy year round -> lower turn over rate, and an average turn over costs us about 5k, so well worth to invest in your tenant's comfort.
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5 July 2024 | 2 replies
We have 10+ self service car washes/auto bays with no subscription services (some closed, some active, some partially active) for sale in our region and I am looking to find alternative uses for investors interested in the properties.
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10 July 2024 | 7 replies
A gate timed to close during non-operating hours.
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9 July 2024 | 0 replies
Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.
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9 July 2024 | 3 replies
If no mention was made of any type of special cleaner in the lease - that seems like an error on your part and would be a cost that you would have to bear.if you are charging the renter how old the units are makes a difference.
9 July 2024 | 22 replies
Also, I would also not cross-collateralize the houses if a lender would even do a portfolio loan.On your second question about multifamily, I would not jump to multifamily until you have experienced the common management problems with single-family as the expenses scale with the size of the property as well as the cost of mistakes.I would consider getting Home Equity Lines of Credit (HELOC) on each property.
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7 July 2024 | 14 replies
- Refers to loans and mortgages that cover the costs of purchasing and launching your short-term rental property and business.
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9 July 2024 | 8 replies
So much so that it's been now dubbed the super peso and it's causing headaches to Mexican developers who sell in US dollars and have their costs in pesos.The reality is that you actually don't necessarily need to spend a ton of time understanding international real estate to invest internationally, although doing so would definitely increase your success, of course.