22 June 2008 | 21 replies
The whole transaction is handled by a title company, and they do the recording.There's typically also a promissory note and that is not recorded.
14 November 2010 | 36 replies
Population growth and economic expansion are a couple of the key features of emerging markets.
20 June 2008 | 1 reply
:boogie: The new directory is now completely integrated into the site and has many interactive features such as, feeds, comments, notes, etc.
20 June 2008 | 3 replies
They're usually only for a short time period, typically six months.
11 November 2018 | 10 replies
Typically, to cashflow a property well, your loan to value ratio can't exceed 80%.Since you are looking for answers and maybe someone guidence, I would suggest checking out hud.gov to see what the fair market rents are for section 8 housing.
24 June 2008 | 21 replies
Add on taxes, insurance (this is hurricane territory, remember, and certainly in a flood zone, too), maintenance (they may have built roads and houses but this is ultimately a swamp), and property management (typically 10%, plus more everytime you have a vacancy), and you're certainly looking at close to two grand a month.
22 June 2008 | 3 replies
It also is dependent on what typical legal costs are, and total number of units in the pool.
23 June 2008 | 7 replies
That's a perfectly reasonable strategy...Imagine this hypothetical scenario, with hypothetical but completely reasonable numbers where I live (suburbs of Atlanta):You find a bank owned property in typical area listed for sale at around $82,000.
13 September 2018 | 8 replies
Create ads that are going to convey benefits and wanted features.
11 July 2008 | 91 replies
The borrower must front the cost of repairs and then be reimbursed from the rehab escrow account at each of the five draws allowed.I think, with the current mess, they'll bring back the 203(k) loan for investors, but with more oversight features to (attempt to) avoid the fraud associated with investor loans.By the way, the news is that 50 new FBI agents have been added to a task force in Southern CA alone to address mortgage fraud.