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10 Things That Make a Property Unmortgageable (and How to Avoid Them)

Real Property Management California Coast

If you’re looking to sell or refinance a rental property with multiple kitchens, you may consider finding a cash buyer or looking for a specialty lender. Too Close to Commercial Property. Lenders, in general, favor properties that are situated in residential areas. Weak Infrastructure.

Finance 52
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10 Things That Make a Property Unmortgageable (and How to Avoid Them)

Real Property Management DC Metro

If you’re looking to sell or refinance a rental property with numerous kitchens, you may indeed have to find a cash buyer or look for a specialty lender. Too Close to Commercial Property. Lenders mostly settle upon properties that are established in residential areas. Weak Infrastructure.

Finance 52
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Important Factors for Real Estate Investing

Nest DC

The location of your property directly impacts its rental income, property value, and tenant quality. Consider the following factors when evaluating a potential investment location: Proximity to Amenities: Properties near schools, parks, shopping centers, and public transportation tend to attract more tenants.

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Achieving the Dream: Living Off Rental Property Income

Real Property Management California Coast

In addition, knowing the demographics of prospective tenants can help you customize your property to meet their requirements. For instance, if your prospective tenants are youthful professionals, they may favor modern amenities and proximity to public transportation.