The mortgage started 2 years ago before I assumed it and obviously the seller met the owner-occupied requirement by living in it for a year.

And some of them the props have been sold and the investors completely wiped out..

Going to the next level the difference in rate of return from appreciation at 80% LTV vs 0% LTV is 5x.  

Let’s share experiences and insights to ensure we’re all getting the best possible deals on our projects.

One of the issues is that the floors were replaced as part of the rental in 2022, but months later they began to feel soft.

The question of the day is how to approach potential investment partners.

You will have to understand if you are finished with the heavy lifting on the maintenance.

Just a short walking distance to the fantastic galleries, restaurants, and shops in the Englewood Arts District.

Just a short walking distance to the fantastic galleries, restaurants, and shops in the Englewood Arts District.

If you don't follow the process perfectly (such as by not delivering notice on time, or in the right way, or charging unfairly such as for normal wear and tear) you will be SOL and could even end up having to return the security deposit or even pay them more $ above the security deposit.