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31 October 2024 | 23 replies
This would give you more legal standing if they don’t leave on time.Walkthrough: Ensure you do a thorough walkthrough with your general contractor once the seller is fully out to assess any new damage or necessary changes to the scope of work.Planning ahead like this will give you peace of mind and reduce the chances of things going sideways during the transition!
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26 October 2024 | 6 replies
You can use that income to reduce your DTI and be able to qualify for a higher mortgage, if necessary.
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24 October 2024 | 1 reply
Keep your sites clean, reduce your liability exposure, keep your loss run reports clean and premiums from increasing. 2.
25 October 2024 | 2 replies
This enables them to act quickly when a promising property becomes available, reducing the risk of losing out to other buyers.
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24 October 2024 | 5 replies
By being open to single family homes as well it really increases your choices, and for us, reduced the cost per door of acquiring our properties.
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24 October 2024 | 32 replies
Rural doesn't necessarily preclude a property for many lenders, but it will reduce the ltv (typically to 65%).
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24 October 2024 | 3 replies
I know there is an ATI exemption that reduces the taxable value by ~25%.Anyone else went through this and can advise on how to move forward with this?
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25 October 2024 | 2 replies
Waiting for rates to drop before refinancing mitigates the risk of locking in a high-cost loan and significantly reduces the pressure on cash flow.Upcoming Opportunities: Many investors who bought aggressively during the 2020-2022 period, especially those with five-year fixed-rate loans, may face challenges when their rates become variable around 2026-2027.
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25 October 2024 | 9 replies
By hiring property management, you'll reduce stress and gain more time to focus on your investment goals.
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20 October 2024 | 1 reply
Violent offenders and sex offenders are almost always an automatic denial, although there may be circumstances where I would allow them.