My family vacations in Ocean Isle every year (renting) and are looking at purchasing a home as a vacation rental. Our main goal would be to rent out the home so it pays for itself, and we would have a place to go more...
Is there any lender who does not require an LLC at closing?ARV should be around 110-120k, and looking for 70% LTV
Hello everybody, I wanted to know how long you have to wait to refi or get a line of credit on a property when you buy the house cash or with a hard money loan? Im interested in purchasing a property cash with either ...
Let's say I find a deal and put 0 money in because I use a private money lender. The property is currently valued and selling for $750,000. The seller is motivated, and I purchase for $600,000 and add $30,000 in repai...
Making a plan and hopping for some insight. "The Plan" within 5 years find a location 1 or 2 back from ocean front that has great rental potential for summer use (I don't plan on using the property during peak rental ...
I’m on the verge of closing my first rental property (90k) in Ohio. It needs some exterior repair and parts of the roof as well.Assuming it gets appraised minimum 100k after repairs.. will I be able to take out a cash...
Hey everyone,
Having issues with a potential short sale.
Putting 20% down, short sale was accepted very quickly.
Problem is that since it’s an investment property, my lender is saying that a 60 day “seasoning” of ...
have short sales and pre-approved end-buyers but I'm having problems selling to my pre-approved end buyers because of title seasoning requirements. Lenders are wanting title to be held 90 days to 6 months before I ca...
Hello Everyone, Are there members here who own/operate Short Term Rentals in Jersey shore?How has you experience been so far? and do you get any occupancy during winter months?
Hey BP Family,I’m looking at a vacation rental in Daytona Beach. 1/1 condo. Looks to be in great shape, great location, seems lucrative on the surface. Never done vacation rentals, so this would be my first one. I’m l...