Chris Magistrado
Start with Buyer list or Seller list?
17 January 2025 | 4 replies
Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
Also, I wanted to convey that the type of investor I describe should on;y accept a quality tenant well above what’s typically considered acceptable in the industry.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
What kind of returns are you typically seeing on these deals?
John Reagan Johnson
Connecting with Real Estate Agents
22 January 2025 | 5 replies
Typically if you attend any investor meetings about 1/2 the crowd in many groups are agents looking for business.If you want to network, try service clubs, alumni groups, charities, religious groups, hobby groups or whatever interests you.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
Does Hard Money typically cost 30-40% of the purchase price??
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
The reality is the land has value.I believe you are typically far better purchasing a different property with conventional financing than adding an ADU.
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
Hey @Jaycee Greene, we typically get loans from smaller local banks.