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11 November 2017 | 8 replies
It's different for every state but you will want to find the public records section and see if there is a way to pull records based on certain criteria.
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13 September 2017 | 13 replies
. - No, we always require at least 15% of the purchase price from the borrower.We do require an appraisal and base the loan off of this independent analysis.LTC is a ratio of the money the borrower puts into the total project vs the lender. 90% means the lender ultimately lended 90% of the total project at funding and the borrower had to bring 10%.
31 August 2017 | 1 reply
Occupancy standards should be based on the sleeping area, not the closet or bathroom.
4 September 2017 | 22 replies
Having no experience, I've been analyzing based off numbers and percentages I've either heard on podcasts or tried to be as conservative as I could.
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31 August 2017 | 1 reply
I've discussed this with a lawyer, I am able to evict based on my zero tolerance for criminal activity addendum, but an eviction with a physically aggressive person doesn't sound like a great idea.
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1 September 2017 | 4 replies
Hoping to start here (where she know the market and near a military base with a good market for rentals) and near Atlanta (where my family lives and can help manage while small).
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31 August 2017 | 0 replies
Also If you are selling we are interested in hearing what you have.Criteria:SFH$80k-$130kEst Rent Rates Near $1,100+ p/m1100+ sqft2+ Bedrooms2+ BathGarage - Attached Preference but not mandatoryNewport News,VA - Hampton, VA proximityMilitary Base Proximity - Fort Eustis PrefRenovatedTurn KeyAppliances included.
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19 October 2017 | 38 replies
I base my trigger pulling on cash flow strictly.
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11 September 2017 | 10 replies
If it's transactional, then you don't have any duty other than to honestly disclose what you know, and you have some confidentiality duties based on reasons for buying or selling, and motivations, unless those are waved in writing.Absent a breach of duty on your part (probably not, I would guess, otherwise your DB would be all over your behind), I wouldn't worry.
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5 November 2017 | 3 replies
I've recently gotten involved with residential flips and rehabs, and am looking for recommendations for construction project managers based out of Portland.