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12 February 2024 | 9 replies
However, I would want a higher percentage ownership for paying off the lies and covering the costs to get the property up to par to go to the bank.
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11 February 2024 | 13 replies
In case you don't know what a "subject to" purchase is (as mentioned by Jonathan Aversano), this is when you are buying the home "subject to the existing mortgage".
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12 February 2024 | 13 replies
I suppose it’ll be a race to see if interest rates decline before pre-2022 syndications run out of liquidity.
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11 February 2024 | 8 replies
What it states is she was unhappy with the sales team, not that it did not exist.8.
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11 February 2024 | 8 replies
Likely due to the recent hurricane Michael.we have included coverage for replacement of lost rents for at least 6 months, to cover us for the mortgage payments if a hurricane destroys the property and we have to rebuild.
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11 February 2024 | 1 reply
Before moving into the property, I updated all of the fixtures that was outdated: ceiling fans, painted walls, light switch covers, outlet covers, added carpet to the basement, and updated the HVAC.
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12 February 2024 | 18 replies
The sales proceeds close out the monetization loan and the deal is complete.Monetized Installment Sales were covered on BP here... https://www.biggerpockets.com/forums/51/topics/569...
12 February 2024 | 14 replies
Our student rentals were 9 months, we didn't do linens except a matress cover.
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11 February 2024 | 4 replies
(This was something I literally never considered pre-pandemic and used to explain to people that more rentals was safer than fewer.
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11 February 2024 | 6 replies
I would be using the full amount of the exchange plus adding cash to cover the amount owed.