Hi, I've seen several posts on how FM condo rules potentially affect the selling of condo units. I've checked FM website and read the rules however I am unable to find the exact definition of Condo by FM. I saw a lot ...
Hello,
I am a student at Northwestern University and am conducting a quick survey for one of my classes. It would be greatly appreciated if you took a few minutes to reply to this email with brief answers to...
so my mothers significant other has a home that he stopped paying on. There is a mortgage over 80k with a tax lien. I searched the internet looking for market value which is about 125k maybe more. House is basically ...
I just formed an LLC and opened a business checking account. When flipping houses I use my Home Depot credit card to make purchases for supplies, appliances etc and pay off once I sell. My question is since this Home ...
I am looking for some advise on the next steps that I need to take to complete a deal that was just verbally accepted this afternoon. My wife and I went out to look at a duplex yesterday and loved it. I waited until...
When you're analyzing potential rental income, what's the best source to determine what the unit would rent for? I'm trying to determine whether I should keep or sell my condo when I move and rents vary in the complex...
LTC vs. LTV – What’s the difference between the two?
Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.
LTV
The loan-to-value ratio...
I’m new here, I have been working the calculators on different properties off the MLS. I am having a hard time with getting accurate numbers to put in the calculators. Such as ARV, and the repairs, vacancies and cap e...
I am in the process of doing a creative financing deal and trying to determine comps. I noticed a home was sold two doors down from the property I am looking at for well below asking price at 57K. The owner stated the...
Hi,I'm looking to buy a property two blocks from a college and rent rooms to students. Does anybody have suggestions on how to structure leases and how to charge rent and utilities. Any suggestions would be appreciat...