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25 April 2024 | 8 replies
They focus more on the property's income potential rather than personal finances meaning no DTIs, less paperwork, and more underwriting flexibility.
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25 April 2024 | 13 replies
Planning to discover it this summer in person.
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25 April 2024 | 2 replies
All that said let's say you are able to subdivide, I personally would if I knew going into it that I was building a rental/investment property.
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25 April 2024 | 2 replies
Split the proceeds based on what each person put in.
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25 April 2024 | 18 replies
Do pay your alcohol beverage taxes if you own a bar, they're going to come after you and seize your bar and probably even non-bar personal assets.
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24 April 2024 | 10 replies
My leases clearly state that the "Tenant shall maintain all appliances, equipment, furniture, furnishings and other personal property included under this Lease".
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24 April 2024 | 3 replies
Personally I've found seller financing to be best when the property doesn't qualify for a conventional loan because of the condition.
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21 April 2024 | 7 replies
I am writing to seek clarification regarding the insurance claim check that was recently issued to me as the payee, with both my personal name and the mortgage company's name listed.
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23 April 2024 | 11 replies
Many times, people just set the property up and list it online...some even avoid Airbnb if they know the city/county is watching the platform...and then quietly run a STR in a very illegal area.
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25 April 2024 | 11 replies
Lenders often prioritize the person’s payment history hence it is imperative that you maintain proper financial records.Good luck!