Jake DeAtley
Looking for GC Referral To Evaluate Structural Issue In Olympia
4 November 2017 | 0 replies
I would also be happy to pay a finders fee to anyone that refers me to a high quality handyman that I end up working with.Regards,Jake D.Key words - Lacey, Tumwater, Tacoma, Construction, Framing, Shelton, Seattle, Puget Sound, Oly
Richard Tyler
question on land contract
4 November 2017 | 2 replies
The title company can do the deed of trust or land contract whichever you prefer costs are passed on the the value of the property and the escrows companies fees I would think a minimum of $500-600 call around and check prices You can ask the buyer to pay the escrow fees
Russell Fugitt
Should I lend money on this mobile home and carry the note?
5 November 2017 | 7 replies
I was aware of the risk of the lot fees, and thought the interest rate was a bit low.
Andrew Yang
College Student - Real Estate Advice
6 November 2017 | 10 replies
Whether you or your parents own it on paper, your fees and expenses can be tax deductible as business expenses, and if yo’re in the paper, you can often still get approved “residential” rates and down payments if owner-occupied.
Ceasar Rosas
Looking for RE Attorney and CPA that specialize in NY and PA
9 November 2017 | 5 replies
Unfortunately, my experience has been that the options are limited without paying high fees.
Brad Schultheiss
Investor in overland park looking for a broker to affiliate with
6 November 2017 | 3 replies
Does anyone know of any brokerages that don't mind hanging investor licences with a reasonable desk fee or yearly fee?
WILLIE MINNER
PROPERTY MANAGEMENT WITHOUT A LICENSE
7 November 2017 | 12 replies
It may just be a simple fee, if you even need one.
Glen Kaisha
Pay rent vs pay mortgage note
6 November 2017 | 4 replies
Especially with condos, watch out for the condo fees.
Greg Franck
Tenant Challenging Deposit Refund
6 November 2017 | 14 replies
Even the tenants take it to the small claim court, she needs to spend at least $50 to $100 filing fee plus many of her hours.
Alex Gallardo
What’s are the advantages of a 203K FHA?
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.