Jake Fletcher
Some Important Info For Your 2019 Strategy
17 April 2019 | 0 replies
Staged homes spend half the time on the market compared to non-staged homes and they regularly sell for about 6% above the listed price.
Tim Shapiro
Can I pay association fee to prevent new foreclosure
18 April 2019 | 15 replies
Even in non-super lien states, 90% of the time, the HOA will still try to get me to pay HOA dues owed by the previous owner.
Dylan Bard
Averaging all bills for complex??!
20 January 2020 | 12 replies
I would not personally ever invest in a property that did not have all separate utilities in light of the potential misuse/abuse and non payment issues that will definatly arise.
Adrienne Markes
Mobile home park owner saying no to HVAC
27 April 2019 | 9 replies
In non humid areas like Montana the Swamp coolers work fairly well.
Davere Currie
why are co-op such tough investments.
18 April 2019 | 4 replies
Most coop (and that particularly true for non Manhattan coops) are practically companies ran by unpaid volunteer amateurs...a coop is a company which own a building and then lease it's unit back to shareholders...in many case you'll have a school teacher board president with an art director as a treasurer...great people with very little experience in running a company...5.
Kristen Chapin
BRRR Strategy Questions
14 May 2019 | 5 replies
If you buy a property for $180k with an ARV of $300k and you ultimately want to refinance after rehabbing to pull cash out for another investment, you will likely only get 75% LTV, maybe 80% LTV, depending on the lender (unless you go with non-conventional lending), which leaves you with loan of $225k - $240k.
Isaac Pyle
Co-Borrowng Debt to Income Ratio for pre-approval?
17 April 2019 | 6 replies
@Chris Mason I have seen many places online that seem to think it is not an issue to co-borrow on a regular FHA loan..https://thelendersnetwork.com/non-occupying-co-borrower-mortgage-loan/https://themortgagereports.com/ask/285/parent-with-current-loan-borrow-occupant-for-childs-fha-loanAm I just reading these wrong?
Christa S Rickard
First time investor looking for a check on expenses
20 April 2019 | 10 replies
But when I went to get a mortgage it came up: $2600 / year (non owner occupied, which pay the highest rates).A quick call to any insurance company can confirm the flood zones
Dennis Johnson
Raising Capital For Investments
23 April 2019 | 13 replies
The SEC is a significant enforcement agency and you want to be on the right side of the law.Make sure you know the rules around contacting accredited and non-accredited investors, rule 506(B) and 506(C), and multiple other solicitation rules.
Mark H.
Commercial Renovation Project
24 April 2019 | 8 replies
Location limited to Texas, in or around cities like Victoria or Corpus Christi (not expensive MSAs like DFW, Houston, Austin).No particular asset type in mind, could be anything from retail to MF to warehouse or other.Renovation mostly non-structural, although upto 20% structural should be fine.Is there any particular asset type that typically requires major renovation?