15 August 2019 | 4 replies
What is the percentage of down payment, %10 or %20 of market value of the house?
25 October 2019 | 6 replies
Thanks Eric, do they charge a percentage of rental income?
23 August 2019 | 76 replies
How many years did you have to pay out that much cash?
10 April 2020 | 39 replies
For smaller properties, the PM is collecting a lot less, for a similar amount of work, even with the larger percentages.
16 August 2019 | 3 replies
They will require anybody with over a 20% interest to supply credit scores and net worth requirements and this blows a lot of deals up.If one of the partners has horrible credit and low net worth, make sure you make him either a silent partner or low percentage ownership on paper.If you getting lending, you will need one main llc, with operating agreement that spells all this out.
16 August 2019 | 7 replies
Thank You The bank or mortgage company they work at might be juicing up their rates to pay out underwriter/processor/etc overtime pay since we're in a refi boom.
18 August 2019 | 21 replies
Selling it you may need to bring money to the selling to pay for selling cost depending on your initial loan to value percentage.
16 August 2019 | 1 reply
Here's my first post.I'm looking to purchase a 4 unit multifamily with an FHA loan where I'll occupy one of the units.1) Can I include the projected rental income from the other three units (or some percentage thereof, as most banks do) for this property?
17 August 2019 | 7 replies
I am coming up with same percentage, but like you said, things can get crazy in here. lol
18 August 2019 | 4 replies
What percentage of the mortgage should I have as cash or is a down payment still needed??