Bob Yon
Can you sub-to a VA loan?
8 July 2024 | 15 replies
Hi, the lender will likely not know what his entitlement is at this time, if the loan has been in place, the entit. will be in the loan origination package which is now in the repository, the loan file will simply show the amount of guarantee.You can figure it though if you know the beginning LTV of his loan, and VAs go up to 100%.
Gustavo Domit
Seeking Advice from Fellow Real Estate Investors: Sell or Hold?
9 July 2024 | 5 replies
The current market value of the home is about $645,000.Key Details:Purchase Year: 2020Purchase Price: $415,000Current Market Value: $645,000Mortgage Interest Rate: 2.99%Equity: $320,000Current Monthly Cash Flow: $1,450Return on Equity (ROE): 5.44% (without variable expenses)Return on Investment (ROI): 14.5% (without variable expenses)However, I've noticed some trends that are starting to concern me:- Home prices in my area are slightly reducing, and rental prices are also on the decline.- There are more houses listed for sale and rent in the neighborhood, which is pushing rent values down.- My current lease is up in September and the tenant is leaving, and I expect my monthly cash flow to reduce to $950, lowering my ROE to 3.57% and ROI to 9.5%, again, without variable expenses.- Homes are staying on the rental market for a few weeks, sometimes months, even at lower prices.
Albert Johnson
Would tenant be responsible for AC repairs?
10 July 2024 | 31 replies
Read your original post to a person who started this thread.
Leticia Ramos
How To Properly Inform Tenants about ADU's Being Built on Property
9 July 2024 | 6 replies
You can get all your permits in order before then so you’re ready to go, but you might have to wait a year to start the project depending on when those leases expire.
Giordano Rodriguez
Any experience with VA Construction Loan
7 July 2024 | 11 replies
That is where I started with my VA loan, and they pointed me in the right direction.
Kenneth Mainor
Newbie Investor joining BP
7 July 2024 | 2 replies
I started looking into real estate as a way to financial independence around that time and was offered to buy my first property by a family member who was looking to leave the investment world.
Alonso Rodriguez
Tax Deed Sales In Texas
7 July 2024 | 1 reply
the est min bid starts at $4600, adjudged value 128k and in the notes it states: LAND/IMP; SOLD SUBJECT TO 2022 TAXES; HOMESTEAD.
Mike Dumont
How are you changing Colorado leases with new HB-1098 "Just Cause Eviction"
7 July 2024 | 1 reply
are you asking your tenants to renew 90 days out and starting Just Cause ?
Jonathan Timm
My introduction as a new investor
5 July 2024 | 6 replies
I am a beginner investor, I started off house hacking but due to my occupation I had to move and now that is being used as a long term rental.
Richard Benjamin Wilhite
Recommendations for Property Management in Daphne/Fairhope AL
8 July 2024 | 2 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.