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7 March 2024 | 2 replies
In addition, owner loaned us $100,000 at 6% simple interest for one year to make major repairs (installed heat pumps, replaced boiler (for heating water only), replaced some siding and major roof repairs.)We were very clear with each other what we each wanted out of the deal.
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9 March 2024 | 89 replies
This is the most beginner friendly, but still requires lots of capital.
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7 March 2024 | 10 replies
With an electric heater, the two drains lines would also be required.
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9 March 2024 | 0 replies
They require 20% down then will finance up to 80% of the ARV.
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9 March 2024 | 8 replies
The max LTV is not quite as high as FHA, but there is no sustainability requirement for triplexes and quads (FHA triplex and quad must meet sustainability requirements).
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9 March 2024 | 0 replies
I want to make sure I'm acting in accordance with the local government's legislation, but I'm having trouble making sense of all of the information I'm finding on https://www.roanokeva.gov/.How do investors usually navigate legislation requirements when starting renting in a new city?
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9 March 2024 | 2 replies
The program can provide a win-win solution for both landlords and tenants in need of affordable housing.If you have any other questions about my experience with Section 8 or the program requirements, feel free to ask!
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9 March 2024 | 25 replies
You need to clearly explain when the lease ends and ample notice needs to be provided if an extension is required.
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9 March 2024 | 14 replies
I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property renovation project.After filling out a form and providing my ID and bank statement, they promised a $41600 mortgage within one day, but required a 3% service fee.
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9 March 2024 | 10 replies
After 3 years, it'd be paid off completely. 35000/100000 = 3.5% which is a bit higher than the 1% rule, which seems much more difficult now-a-days in the United States.Business in JapanAs an American, we can go there for 90 days, no VISA required.