Hello from another Sharon. Are you interested in renting or purchasing? You say you are a cash buyer; that's great news. Have you found a Realtor yet? If not, I would be very happy to assist you. Your question does not specify which property it is that you're interested in, so if you'll email me (or call), I'll help you and we'll set up a viewing appointment. You can reach me at firstname.lastname@example.org or call me at 615 870 4094.... more
Another caveat to consider is this....lenders and Realtors both say"just ask for the 3% closing costs and ( prepaids, but in the negotiations this may hinder the price that you want for the house, so sometimes, I find that Sellers may do better with just a dollar amount included....now you may think that this is the same, but actually it is just a psychological factor.....and usually you really do not need 3 % because a Seller does not want to to pay a Buyers origination fee....(and it could be 2 %)....Laura at Pilkerton Realtors 371.2474, 977.9088... more
If you would really like to find out an exact plan of what needs to be done.
We can work with you. I understand that a lot of these agents are saying to do this, that, and the other. However we are 100% dedicated to helping you and showing you an actual plan customized to your needs. Not a rigorous plan that you wonâ€™t be able to sustain.
Feel free to read our recommendations. (95% of our clients are long term credit clients)
I would love to help you.
Feel free to call me at any-time. Letâ€™s see if I can help you get a little bit closer towards your goal.
The consultation is free and my time is all yours.... more
As long as you have sufficient income to show lenders that you are capable of making their payments any bank will gladly lend you money.If you are purchasing these homes to be used as income properties you can show this to the lenders as well,but to be counted as income you need to file taxes on them for 2 years says "uncle SAM".... more
I purchased two houses for myself and for both the seller agreed to pay closing costs and prepaid, and I did not end up paying more for the property. Is always good to ask and negotiate with the banks.... more
It depends on what your long term goals are. Are you planning to keep it as a rental property for a long time? I own several duplexes, and while they are great moneymakers, they don't appreciate like single family homes. There is also a smaller buyer pool for multifamily units. And that buyer pool is filled with smart investors like you looking for a deal! They make decisions based more on the financial aspects than emotions - which means they won't overpay, and often want to underpay!
I inherited a double lot with a single family home and a duplex on the property. I didn't choose them, but now I have them, and I can tell you with such a limited buyer pool, it's not going to get anywhere near as much as two separate properties on two separate lots.
So, if rental income is your long term goal, get some bids from some licensed contractors and see what that situation would look like. However, if your plans are to sell anytime soon I would personally would not build another dwelling unless you separate the lots and sell them separately.
Good luck! Let me know if I can do anything else for you.... more
Orlando Ave is in a great neighborhood known as Patina which has been enjoying a vibrant revitalization with new construction in the last 3 - 4 years. Being right off of White Bridge Road, Orlando Ave is close to great food, shopping, health care, and convenient to the interstate.
Kathy, awareness is your best defense, so you will want to check out crime info; there is an interactive crime map at http://pdmap2.police.nashville.org and a really good sex-offender map at www.familywatchdog.us You can find detailed school info at www.mnps.org and if you are interested in purchasing on Orlando, there is currently a 2-story, contemporary style, 3 bedroom/2 bath that appears to be well maintained and priced correctly. I would be happy to find out more details if you wish.
Hope you are having a great day! ~Kathleen... more