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How are construction loans’ interest rates typically determined? Which index are they tied to? LIBOR?What are the typical terms seen today when getting a construction loan and what are the interest rates on them?Can a...
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Hi Columbus investors. Anyone in the group running their properties as fully furnished mid-term rentals (outside of traveling nurse programs)? I recently received an inquiry about one of my properties from summer inte...
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Being a member of ZOOMERAL for the past 2 years has been nothing, but amazing! I receive commissions when loans close, I receive great returns on my invested money with them and I have a place to get more capital when...
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When we combined our INBOX with our Notifications tab last week, we wanted to make sure that users could distinguish between just having a lot of alerts and other notifications, and having actual messages in the PM in...
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Hi -What is the best way to avoid the situation of having a signed lease and no payment before move in? Don't want to be stuck with a stall for weeks then non-payment.Does the act of signing make it a valid lease or ...
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Hello! I'm a newbie and have yet to buy my first official property. (I inherited my dad's home but the loan is not in my name) I found a 5 bdrm home that would be PERFECT as an AIRBNB! I was looking at an FHA loan ove...
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This is a long story so I will try to make it as quick and simple as I can.
So back in 2019 I moved into a 2 bd house in Alexandria VA, that I was renting. I had 3 dogs and paid a 1300 non refundable deposit towards...
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We hired a company to replace our deck surface and railing. They quoted us a fair price. Under the deck, the worker added support joists. He told me, "If you call the company, they will charge you more for this. I add...
Hi BP,
First time home buyer here so pardon me if this is stupid. A little backstory here, we interviewed a handful of realtors with the same amount of experience, education, etc. but chose this person due to the fa...
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Hello everyone,I own a SFR on the South Side of Chicago that is currently occupied to a Section 8 tenant. I am in the process of closing on my next SFR rental and while looking back at the performance of my previous r...