20 April 2017 | 3 replies
The COC ROI being 61% means next to nothing to me in this instance as it drops to 19% COC with PM fees and cash flow of 128…not that great for a 4 family fully rented I thought.In the short term, it would be great to put 935 back into my pocket each month, but I know not to be that myopic; long term is harder to justify.
27 June 2017 | 10 replies
In your instance at 10 years of monthly payments made your finally paying down more significant amounts of principal rather than primarily interest.
10 May 2017 | 25 replies
What are some example instances where a property would go through the foreclosure and auction process and make it to the REO stage but still have potential to be a great investment opportunity?
13 May 2017 | 7 replies
What are some example instances where a property would go through the foreclosure and auction process and make it to the REO stage but still have potential to be a great investment opportunity?
8 May 2017 | 3 replies
There would be, in most instances, a required pet deposit on top of the regular deposit.
19 May 2017 | 43 replies
Certain properties, far instance, are not eligible for S corporation status.
3 May 2017 | 11 replies
Denver County for instance includes property address, owner name, owner address, number of units, etc.
24 May 2017 | 133 replies
The 10 that were at asking, went at over asking in most instances (to the point where it makes absolutely no financial sense, example ask 300K, went for 335K) or in once instance was matched by an all cash offer of 400K (again makes no financial sense as an investor).
8 December 2020 | 34 replies
That is Correct Michael you can have 2 at the same time as long as there is sufficient entitlement left for the veteran, he/she can obtain as many properties till the VA entitlement is fully utilized.You're also blessed with a county with one of the highest limits in the US, King county which is currently as it stands 726,525 high balance limit.The unique part with King/Pierce/Snohomish counties is that they have really high limits but not just that but that there are homes that are way below this limit.So for instance in Kent/Auburn where you can get SFR homes for 350-400k this leaves chance to potentially use your VA entitlement twice and get up to 0% down on two homes or properties.If you happen to go over your entitlement limit the VA admin would require 25% of the difference above the limit (726,525) to be brought as cash to close.Good luck on your investing.
8 May 2017 | 7 replies
For instance, I must have smoke detectors in several areas if renting out part of my house.Renting out part of your house gives you some other benefits besides income.