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15 March 2024 | 4 replies
I have closed some loans for clients located in China, Spain, and Japan thus far in 2024 and they all utilized embassy or apostille notary.
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16 March 2024 | 11 replies
It just happened that im in the process of purchasing 2 properties this month. 1 is a rehab, that I plan on keeping for my self for a bit then selling.. the other is an invest property non owner occupied thats a 3 familyThe rehab I need to purchase out cash 105k and another 15k-20k to repairThe rental property I need to put 25% down and closing is around 70kSo I need 175k to purchase and another 30k to repair both properties I have 90k in liquid in a savings account, 230k in a 401k made up of the funds and stock and about 330k in my companies stock account..My plan was and not sure if this is the smartest way .. hence why I'm asking here!
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15 March 2024 | 8 replies
If you can definitively prove that the seller intended to deceive you about the square footage for their personal gain, you may be able to take legal action, but probably low chance of success considering you had ample opportunity to measure the home or get an appraisal with measurements prior to closing, and had your chance to negotiate the price based on square footage and all other factors prior to closing.
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15 March 2024 | 3 replies
Repeat until you find a good propertyOnsite evaluation and estimation of the renovation costMaking offers and closing escrowOversee the renovationMarket the propertyScreen potential tenantsManage the property long-termInvestors are usually high income individuals who have money, but no time.
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15 March 2024 | 1 reply
Additionally, they decided to take a vacation at a critical juncture - the week of closing, without notice or planning - rendering them unreachable and leaving me in a difficult position.This experience has led me to question whether I need to stick with an attorney in the state where I'm purchasing property.
15 March 2024 | 10 replies
School Districts: When looking for long-term rentals, having a property close to a top school district will help draw in families as tenants.5.
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15 March 2024 | 167 replies
Id like to start with as close to an A class type property as i can until i have a better handle on the areas.
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15 March 2024 | 17 replies
Loan amount would be 144k, this would cover the payoff and some of your closing costs.
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15 March 2024 | 4 replies
Although right now I don't have close to enough capital to get started I want to take this time to learn and gain as much experience as I can until I buy my first property.
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15 March 2024 | 2 replies
Sorry for being long winded but my grandma always said "closed mouths don't get fed"..... so FEED ME!!!!