25 July 2021 | 9 replies
@Mike M.In my somewhat limited STR owning experience, I have found MUCH LESS opposition to STR with 30 day minimum stays than with the 2 or 3 day rentals.
25 July 2021 | 3 replies
They are doing deals and looking for limited partners to buy apartment complexes.
24 July 2021 | 9 replies
The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Once you know the Taxable Value, you can look up the property tax millage rates, which each city & county sets separately (with voter approval).So, yes, it is very possible for property taxes to jump from $907 to $3200 if the seller has owned the property for quite some time.You can use this tool to estimate your future taxes after they are uncapped: https://www.michigan.gov/taxes/0,4676,7-238-43535_43540---,00.html
26 July 2021 | 6 replies
Would getting prequalified prior to this process for an owner-occupied SFH allow one to refinance (or delay finance) at 95-97% LTV or would it be limited to 75-80% LTV since the delayed financing strategy is being used?
24 July 2021 | 8 replies
Hey Chad, really confused here as I don't see anything in your "exact emails" that talk about price or a price limit.
6 August 2021 | 7 replies
I haven't been involved with that myself however so my knowledge is limited.
24 July 2021 | 0 replies
My wife and I are super new. I've seen people post about a city being built for so many inhabitants and a place having or not having enough homes. How does one find this information to help evaluate areas? Thanks so m...
26 July 2021 | 6 replies
Will buying a multi-plex also limit me to only 70% LTV?
1 August 2021 | 15 replies
I do understand that not having my W2 job will create hurdles initially, but my W2 job was also limiting the time I’ve been able to invest in real estate.