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4 November 2017 | 16 replies
In addition, an LLC must be represented by an attorney in Hennipen & Ramsey county housing court.
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9 November 2017 | 4 replies
For only $ABC dollar amount you get an additional potential mold issues inside walls.How do I know that?
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4 November 2017 | 0 replies
If anyone in the Thurston County, Pierce County, Lewis County, Mason County, Kitsap County or Grays Harbor County areas can provide me with a good referall for this, I would greatly appreciate it.I would also likely have additional work for this individual or company.
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6 November 2017 | 3 replies
My wife is unconvinced that investing in real estate is beneficial over or in addition to some of the traditional investments we have (401Ks, REITs, stock market, etc).
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6 November 2017 | 10 replies
Some things they consider acceptable....moving in grown children and their live in partners, pets without landlord permission, modifications to unit without permission, bringing in curbside cast off furniture containing bed bugs etc.........Finding regular tenants that pay on time will be far less work and stress than S8.Additionally inspections can be a major pain.
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6 November 2017 | 3 replies
The closest office is in Corporate woods but they have additional offices in Olathe, Blue springs, etc.
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5 November 2017 | 7 replies
Lead and asbestos could add additional cost to your renovation so it would help you to know when estimating rehab costs.
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7 November 2017 | 4 replies
.% down of the purchase price and the rehab costsCan be used for primary residence with 1-4 units (could also be looked at as a disadvantage) When using 2-4 unit property, projected income from other units can be used to qualify 6 months' worth of mortgage payments can be rolled into the renovation budget if the house is deemed uninhabitable by the HUD consultantCredit scores can go down to 600s (lender dependent) DTI can go to as high as automated underwriting system allows (typically 56.9%)Allows you to buy a property in any conditionCan use it to fix minor repairs all the way up to basically a full tear-downFHA 203k Disadvantages: Interest rates tend to be about .25-.5 higher than regular FHA loan Additional costs include HUD consultant fee, inspections, title updates, and supplemental origination fee (Cost of doing business, but this is built this into your numbers, so it's no big deal)Must use a licensed General Contractor for a full 203k or up to 3 specialized contractors on the limited 203k Must hold onto the property for 1 year and live in it.
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5 November 2017 | 7 replies
I can probably manage to put 10% down, too.If there's any additional info needed, please let me know.Thanks,Kyle Shook
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10 November 2017 | 8 replies
This includes an umbrella policy in addition to insurance for the dwelling.