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26 May 2024 | 45 replies
I talked to a couple vacation rentals that don't really handle the STR and they aren't seeing much enforcement as long as you pay taxes on the income and not causing issues with the neighbors.
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22 May 2024 | 77 replies
Depending on your budget and how many leads you have, it may be viable.
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24 May 2024 | 0 replies
Some general themes or characteristics of super jumbo mortgage loans are: - Lower LTV's (Loan to value) depending on the strength of borrower and property type very large loans can require 30-40% down.
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22 May 2024 | 6 replies
Maybe it won't matter if I'm not depending on the equity of the land to get the loan.
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21 May 2024 | 1 reply
A lawsuit was filed by the city for delinquent property taxes.
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25 May 2024 | 9 replies
Hi Melanie, depends on 10 yr note, could continue to go up slowly for next 30-40 yrs as it has done between 45-82 or 1890-1920, or down for 30+ yrs like 1920-1945 or 1982 until 4 yrs ago, if they have 25% down and long term fixed rate debt ( just got a 10 yr loan at 6.95%) and Cap rate >150 Bp above debt rate, they should do fine-assuming good local market, even if value drops 20% short term, it will recover longer term and should be ok.
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22 May 2024 | 6 replies
It seems like there are paid services that will give you interior design to set up an str, buy new furniture, ship it and install it. Or you can DIY from Facebook marketplace, Craigslist, thrift stores and furniture s...
22 May 2024 | 18 replies
Depending on your deal, there may be better options than hard money to get things started.
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22 May 2024 | 6 replies
I'm having issues getting property under contract.Agent/seller wants a pre-approval of funds first.I can't get a pre-approval for every property or is that the way it works Thanks
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24 May 2024 | 2 replies
Depending on the circumstances you are looking at around $20K.