Let's dive into the short term rental financing process and provide you with the tips and tools to finance new STR properties anywhere and anytime.
What is STR financing? - Refers to loans and mortgages that cover t...
Mortgage companies do this all the time , lower credit score , you pay a higher interest rate , pmi etc. Now lets say I advertise my house for rent on the low end with a disclaimer. " rental rate based on a credit ...
I am in negotiations with a guy who owns a 4 lot mobile home park. He has had no vacancy in the past six month and averages about 3 weeks of vacancy per year. His costs are $800 per year in property tax and $40 per mo...
Any ideas on how to best position your hard money offer to compete with cash offers? Ultimately...if you are pre-approved, the numbers work, and the lender can close super-fast there ought to be no material differenc...
In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...
Based on comps look like it is valued between 450-480K.I’m getting it for 355K but it needs roughly about 15-35K in work (15K on the low end, 35K on the high end if I fix the optional stuff and it costs more than esti...
I'm in contract on a HOA foreclosed property in Sacramento and in order to get a clean title I need a quiet title action. The seller (HOA) is not willing to do it without their hand being held. Any lawyers your wou...
After two unsuccessful attempts to buy a SFH (outbid on short sale and HUD home), I'm looking at a duplex to live in half and rent half. I know nothing about real estate and was directed to BP by a friend. I li...
I would like to get landlord opinions on whether or not you use home warranties such as American Home Shield, etc for rental properties. Is this something that landlords utilize to reduce repair costs, Do you require...
Many of us choose a market and focus on a relatively small area like a laser. What are the significant attributes that you have considered which makes your market a winner going forward.
How do these attributes play...