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9 September 2024 | 10 replies
It allows you to live in one part of the property while renting out the other, helping you cover your mortgage and build equity at the same time.
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10 September 2024 | 5 replies
EDT that involves underwriting a single multifamily deal each time.
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13 September 2024 | 6 replies
While it was nice to learn, I ultimately realized that my time is much more valuable doing what I do best and it's better to pay for those who specialize in evictions.
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13 September 2024 | 2 replies
However 2 things to note: 1) DSCR loans for future investment property acquisitions do not care about your DTI (DTI only really matters when buying a new primary or any time you are using a Fannie/Freddie/Ginnie loan). 2) After 12 months of proof of someone else paying it for you, you may be able to omit it from your DTI calculation.
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6 September 2024 | 3 replies
. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?
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10 September 2024 | 5 replies
I would first try a different insurance broker and tell them in advance the issue.Regarding the LLC, the one insurance broker did not know what he is talking about.
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12 September 2024 | 8 replies
However, with me moving out I will not be "there" all the time and that is making me wonder how I can manage this property with 5 tenants.
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8 September 2024 | 6 replies
I am looking at investing in my first BRRRR.
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10 September 2024 | 1 reply
So that I find out doing my own calls to find out why the offers was denied even was just so close from asking price and Im willing to go with second offer, I found out that the place has reserve litigation issue and my agent who I rely on and keep emphasizing how we need to work smart dropped the ball again on me and didn't due enough diligence even he claims he knows how to do property searches etc etc which made me feel its an extra that he has, it was very sample to just ask the listing agent so not to waste my time neither his sending unnecessary contracts...
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7 September 2024 | 8 replies
This way if the tenant comes back and argues a deposit or lease amount, you or the tenant has some recourse against the seller.