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9 August 2018 | 19 replies
The inspection contingency is a key element to the contract and almost impossible to execute without this feature.
25 July 2018 | 2 replies
I was hoping the community could provide some guidance on what the process typically entails when contributing capital and any steps they've taken to protect their investment.
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9 August 2018 | 15 replies
Hi, I was looking for cash flow in North-East New Jersey in rental properties, but at the max I reach at 0 cash flow.For example in Bayonne typical two family home(3 bed 2 bath each family) cost around $500K, taxes around 16K, rent around $1700/family. so after mortgage(20% down) , so total income is around $3400 also same is mortgage premium.other option is private lending where you can earn around 10% per year minimum.also considering the point that home prices are all time high right now.Can somebody share their example of cash flow in area like Jersey city, Bayonne, Newark,union etc.
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26 August 2018 | 4 replies
This site has a keyword alert feature that will notify other members when you mention specific words.
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29 July 2018 | 6 replies
Bridge loans are more expensive than a conventional agency or bank loan but you can typically get higher leverage than you would with a bank loan because they typically have lower debt service coverage guidelines.
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27 July 2018 | 11 replies
Typically if you are buying a slightly bigger place or something like that, it is a non-issue.
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26 July 2018 | 5 replies
Not 100% sure what the process is in NY but typically you have to file paperwork in both states.
2 August 2018 | 5 replies
It is an entire process, and the collection attorney will typically charge up to 28% of the amount collected per month, in addition to a set fee to start the file.
5 August 2018 | 2 replies
Also who is responsible or typically pays those fees?
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23 September 2018 | 8 replies
Typically the lessee has no more operational expertise than the lessor.