The max the loan can be is 75% of the new appraised value. However, the first six months the max the new loan amount can be is no more than the purchase price, closing costs, of the current property at the time ...
I have just bought a property in Memphis TN and I was hoping to find a good contractor (38111) in the area. Also, looking to find a lender that will do a delayed finance exception loan for my property.
I'm a Realtor in Central Oregon and a client wants me to write a "Subject To" offer. I've never written one of these before so any info would be super helpful! Like specific clauses to include, contingencies, etc.
Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate? A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...
I wrote a blog recently about how Appreciation has historically compared by region and then zoomed into my market in Santa Cruz County. The results were quite fascinating. A 7.98% Compound Annual Growth Rate since 201...
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Good evening. Seeking experienced opinions on the pros and cons of my investment strategy. My 1st property I plan to buy and rehab all cash then rent it. once that's done I plan to take out a home equity loan on the p...
When making an offer through a real estate agent, do you use a simple 'letter of intent' or a full 'purchase agreement'? If financing, do you include an interest rate contingency? ie, "contingent upon an interest rate...
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We’ve bought three properties, but this would be my first time selling, looking for advice from seasoned investors.We own a 4-Plex in Solvang, which we purchased for $850k at 3% (25% down), appraised at $1m when we pu...