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16 January 2025 | 6 replies
I cannot remember the last time that is visited a property before making an offer.
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11 January 2025 | 1 reply
Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.
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13 January 2025 | 6 replies
My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House.
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15 January 2025 | 5 replies
House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area
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17 January 2025 | 23 replies
Renting is the last thing I would do personally unless it is less than 12 months max.
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14 January 2025 | 3 replies
I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.
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20 January 2025 | 12 replies
It's so bad that my last purchase was in Indiana, which was my first OOS investment, and likely will continue to look there if the market doesn't improve here.
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13 January 2025 | 0 replies
Our big cost is the mortgage interest, which is 8.3% on approximately $360,000, last year our mortgage interest was about $25,000.
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27 January 2025 | 12 replies
The last thing I want is to fall into analysis paralysis or burn out chasing something unattainable.
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16 January 2025 | 2 replies
Materials have increased more than 20% in the last 5-8 years.