2 January 2022 | 7 replies
@Khari F.In this instance there was a break in the chain of title, which really isn’t something the seller or I could have avoided.
29 December 2021 | 6 replies
For instance I needed a wall air conditioner picked up and installed while I was on vacation he picked it up and installed it.
30 December 2021 | 14 replies
For instance, if rents in the area are 1500 for a 2 bed and the current tenant is month to month at 1000, you want to run the numbers with the end goal value add in mind, e.g. raising rents to market rates.
30 December 2021 | 7 replies
For instance, in my market, around the Salt Lake area of Utah, the property value has increased dramatically over this past year especially but the rents are considered pretty low and are expected to increase over the next few years.
1 January 2022 | 9 replies
Im this instance, the contract price will still typically be reflected the same on the appraisal.seller closing cost subsidy is limited to...3% conventional owner occupied2% conventional investor6% FHA4% VA.
31 December 2021 | 6 replies
For instance electrical, where I was paying a Subcontractor....if the total contract amount was $18,000, I would get $6k from you, give $5k of that to him as progress payment #1, and keep $1k for my overhead and profit.
3 January 2022 | 11 replies
I have so many instances where I've written off mistakes her company has made with collecting rent etc.
11 July 2022 | 5 replies
They typically are yes - you would likely be looking at a step-down PPP so for instance on a 5/1 ARM loan it would be 3%-2%-1% in the first 3 years and then the remaining 27 years will not have penalty.
6 January 2022 | 4 replies
For instance, looking at one of the estimates for a $400k purchase price, here are a few of the line items:Total PITI: $2,624 per month2.75% interestTransfer taxes: $17kLender's Title Insurance: $2,712Mortgage Insurance Premium: $6,755Appraisal Fee: $770Homeowners Insurance Premium: $3,000There are just a few of the bigger ones..
2 January 2022 | 7 replies
We have been doubling and tripling our money in most instances (We've sold 4 of our rentals this year).