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10 June 2024 | 11 replies
Here are some insights into loan types and potential programs that could be advantageous for your situation: FHA Loan,Conventional Loans with Low Down Payment,Local Bank Programs,Grants and Assistance Programs,When exploring loan options and assistance programs, it's important to compare the terms, eligibility requirements, and overall costs to find the best fit for your financial situation and goals.
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7 June 2024 | 21 replies
So here's my question:Is it normal to take a pre 90 day LTV to recoup the purchase cost, wait the seasoning period, and refinance the rest of the cash out at a later date?
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11 June 2024 | 18 replies
For the cost of filing fees and service fees you get someone with the wherewithal, authority and motivation to fix your problem.
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10 June 2024 | 0 replies
I could technically get $332K out, so this leaves a little meat on the bone to cover closing costs, potential unexpected rehab issues, etc.
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11 June 2024 | 14 replies
So the partnership would be to split the down payment and other fees, redcue capital expenditure risk in the future, and we would like to do some work on the basement & backyard which is also going to cost capital.
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12 June 2024 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
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10 June 2024 | 30 replies
Tenants tend to stay longer in single families which leads to less vacancy and turnover cost.
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9 June 2024 | 21 replies
Can someone else recommend a similar low cost product that will hold up better in rentals, that looks like hardwood-ish?
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7 June 2024 | 5 replies
Where population growth is stagnant or falling, the current housing supply is sufficient so there is little increase in prices.
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7 June 2024 | 1 reply
Partner Driven financed the Wall Canyon Ct deal using its own capital, covering the $205,000 purchase price and $50,000 in renovation costs.