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11 May 2020 | 5 replies
It's definitely competitive, but for those of us who have off-market deal flow there are other options, but those deals are better for seasoned investors and cash or cash-adjacent buyers.
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24 May 2020 | 31 replies
I also like how easy it is to systematize storage operations.
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11 May 2020 | 2 replies
With my income being kind of low at the moment, I am understanding that it may be possible to include 75% of the gross income towards qualifying for a mortgage.I wonder if I can find a limited partner for the down payment cash or perhaps some kind of secondary financing, then refinance the property as soon as it is seasoned.
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12 May 2020 | 9 replies
I know with most deals that I’ve done, a HELOC on just the equity would not be enough to pay off the loan used to acquire the property.Third, it’s common for lenders that do HELOCs to have a seasoning period.
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12 May 2020 | 21 replies
It's more of a total use during peak season concern.
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12 May 2020 | 4 replies
This conversation pairs nicely with, "We'll also be popping by 4x a year for seasonal maintenance checkups" and any other best practice you want to incorporate.In the final analysis most landlords are not professional nor are they skilled.
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12 May 2020 | 5 replies
We have an opportunity to purchase a 28 unit storage facility. 18 of 28 units are occupied.
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12 May 2020 | 1 reply
I am willing to help whoever helps me to find deals for you just so I can get practice and be more seasoned when I start searching to buy a house in a year or 2.
13 May 2020 | 2 replies
Details of the property: Property consists of a 29 unit storage unit made of cinder block and metal roofing and two single wide trailers.
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18 May 2020 | 19 replies
If I do this properly, I’m hoping to eliminate the 6 month seasoning period require to refi and recoup my all in costs.