Jackie Sladky
How to Analyze Duplex in Minneapolis
21 April 2016 | 61 replies
They are very selective in what properties they are interested in and are looking for places that are already in turn key condition.
Jeffrey Thies
buying multi family need to get tenants out to rehab?
9 February 2016 | 3 replies
Here, undertaking a renovation of such magnitude that a unit, or the entire building, need be vacated is one condition whereby a landlord is permitted to terminate an existing lease.
Account Closed
After a cash purchase, how soon can I cash out refinance equity?
12 April 2018 | 9 replies
Rob,I have been seeking the same answer, but I am curious with some specific variables.How quickly can you refi a cash property in rentable condition with renters, by someone with excellent credit?
Brian C.
Best ROI Improvements in a Rental Property?
7 February 2016 | 8 replies
It will really depend on the condition.
Chris H.
First time buyer (owner occupied) after investment purchase
11 February 2016 | 9 replies
A thorough response as always.I have my own take, and as any attorney will say, this is not legal advice...For the asset protection purposes you need both (1) insurance and (2) properly structured company for litigation protection, an LLC/LP/etc.Insurance protects your from nuisance that occur on the property; i.e. slip and fallThe company structure protects your assets from litigation liability; i.e. gross negligence (health and safety, alleged known hazards, fraud in the sale of the property) as well as someone getting to your assets by suing you personally (e.x. you got into a car wreck that exceeded the coverage of your policy, now they can go after your assets)The due on sale clause is often a concern, but me and my colleagues view it as a very low risk for a number of reasons.
Hae-Yuan Chang
Does an FHA loan require an inspection?
8 February 2016 | 8 replies
FHA, they're ensuring there aren't health/safety issues too.You can tell your local lender to get his *** out of the office and come look at the property a few days before the appraisal.
Troy Monroe
NEW INVESTOR FROM DMV
11 February 2016 | 12 replies
But we also have agents over the states, nationwide and other neighboring countries as you can chat and (SMS) with them.WEBPAGE: Here is Mr Kevin Petersen who just got a loan from us few days ago, you can contact him for more preference via emailIn attachment is the LOAN TERMS AND CONDITIONS, kindly get back to us if you find it acceptable by you.
Marissa Mallamo
How to use BP calculators/ estimate ARV for a buy and hold?
9 February 2016 | 5 replies
Some of the properties I'm analyzing need light cosmetic repairs and some are in rentable condition with no work needed.
Abha Sethi
Nervous Newbie in San Antonio/Austin
14 February 2016 | 8 replies
Abha,It appears that the decline in oil prices has already caused all the leading indeces and economic conditions for the Houston market to slow.
Jason Utley
What is ARV?
8 February 2016 | 6 replies
Example:I believe House A would sell at a fair price for $100k if rehabbed, $110 in some dream condition, and $90k if the seller wanted to be rid of it immediately.