Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
Just a general question to see what everyone thinks…What would be your choice for heating a rental property? I feel like central air is a great investment just for the sake of ease of use for a tenant. It also gives u...
Hello BP,I'm in the middle of trying to close a deal on an 12 unit apartment building ($375,000). I'll be doing a land contract with the seller. I have a verbal commitment from the seller on the terms on the terms of ...
We are looking at an annual HVAC tune up plan for our rental. This is what one company's tune up entails:Spring AC tune up:Indoor Unit
*Blower Motor *Amp Draw *Bearings *Blower Wheel Balanced *Control Board *Operatin...
New investor here. When getting a lead would it be wise to chat via phone for an initial screening of the potential seller rather than driving to meet with the seller? A conversation by phone would save a lot of time,...
Hello everybody I am a new investor and I am so lost on how to hire a virtual assistant and train them on how to find off-market deals. Is there a simplified checklist or video that anybody can recommend. I have the p...
I’ve been co-hosting for Airbnb in NJ and the state has recently passed a law taxing Airbnb and short-term rentals. I want to make sure I’m doing everything by the books. I know that Airbnb collect these taxes and sen...
Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
Hi, I am looking to purchase a property in Madrid, Spain. I know, for a non-EU resident, I can take a Spanish Mortgage with local banks, but I was wondering if can organize and pre-approve it with Spanish bank that ha...
Hi Everyone,I am working on my first deal. I got the property under contract. It is 3 units in Worcester county, MA and it is a HUD deal. Financing through FHA 203k. I don't have all the money for downpayment and clos...