1 July 2019 | 1 reply
Raise both units in 10 years you earn an additional $48,000.But, those numbers are not true, because if you are doing what you are supposed to do to get the most profit you raise the rent 10 more times in 10 years and maybe you make more than $80,000 or $100,000.Now!!!
12 January 2020 | 17 replies
Appreciate y'all being willing to share.Am I supposed to sign these posts?
3 July 2019 | 10 replies
If not immediately then in January after the supposed lease is over.3.
10 July 2019 | 9 replies
Are you simply contacting contractors and trusting they are doing as what they are supposed to?
6 July 2019 | 8 replies
I suppose they're coined "commercial loans" because they're more business purpose in nature and funded by private institutions not backed by the government sponsored entities.
6 July 2019 | 8 replies
So I suppose you could release your option on it in exchange for an option to purchase his replacement property (in other words you don't want the property you've got an option on but you can hold him up because he has a buyer now.
5 July 2019 | 3 replies
If you read the fine print of the terms, you will find that if you move-out of the house (particularly if you acquire a new property into which you will be moving) you are suppose to bring the LTV of your initial property to 80% or lower.As @Jordan Clermont hinted, lenders seldom follow-up on this - unless you are trying to secure a second high-ratio insured mortgage.
13 July 2019 | 16 replies
I suppose once you submit your "note buyer vendor package" to them, showing you are qualified to purchase notes, have the financial wherewithal (your financial spreads), have the capital, have the policies and procedures in place, and the experience to manage NPPI data, maybe they will talk to you.
7 July 2019 | 2 replies
Supposedly the tenants pay on time, but there are no written lease w any of them (and never have been!).
9 July 2019 | 7 replies
I suppose it depends on your goals.