15 July 2021 | 5 replies
If you haven’t staged any yet, stage your own home and take pictures for a start.What’s important to me is responsiveness, ability to get the job completed efficiently, having an eye for what style of furnishings will show off the property best, having inventory options and reasonable fees for the clients.Much success to you!
18 July 2021 | 8 replies
There are a few other forces boosting that demand as well, including ever-increasing rents (which lead people to become owners instead of renters), the ability to work remotely (which in NH has created an influx of people from more expensive neighboring states), etc.On the supply side, inventory had been on a downward trend for at least the past three years, and the pandemic exacerbated the problem.
14 July 2021 | 2 replies
I am searching for deals using the 70% Rule to BRRRR a townhouse in Alexandria, VA, but keep running into issues related to decreased inventory and high listing prices.
22 July 2021 | 11 replies
Things are moving quickly and finding affordable inventory is a bit tough right now but making connections is a big start to get up and running!
15 July 2021 | 3 replies
There are so many great programs out there for house hacking. 3% down conventional, NACA, Bank of America down payment assistance, the list goes on.
15 July 2021 | 4 replies
When you refinance out of the hard money loan, are you refinancing into a conventional investment mortgage or a commercial loan?
17 July 2021 | 3 replies
We are prepared to offer: Purchase Price: $460,000 Down Payment : $23,000 (5% of Purchase Price of $460,000) Interest Rate: 5% = $107,815.60 Monthly Payments: $2,000 x 60 months = $120,000 (Principal & Interest) Term: 5 Years (60 months) After 5-year term: Lump Sum Payment of $424,815.60 from refinance with conventional mortgage Total Sale of Property: $567,815.60 $23,000 – Down payment $120,0000 – 60 Payments (Principal & Interest) + $424,815.60 – Lump Sum Payment $567,815.60 – Total Payment for Property Seller financing is the best way I can give her the highest possible price.
15 July 2021 | 8 replies
OR you'd have to save up 20-25% down payment and go the conventional route.
26 July 2021 | 5 replies
Consider waiting a little longer and improve that credit score, smash some debt, and aim for the conventional loan.
15 August 2021 | 8 replies
The iRS will treat them as inventory.