Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Brett Henricks
Crew Enterprises DST Investors with suspended distributions please PM me
21 January 2025 | 3 replies
Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.
Franc Seferi
Out of state investors
16 January 2025 | 0 replies
Through my journey I have gathered priceless information about the markets and maintained countless of connections including contractors, investors, agents and brokers.
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.
Becca F.
Insurance to rebuild in your area after natural disasters and other thoughts
20 January 2025 | 0 replies
People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California Fair Plan.
Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
28 January 2025 | 8 replies
According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?
Alishba Choudhry
Tips on Comping Effectively
25 January 2025 | 2 replies
Every buyer wants some way to determine if they are being offered a fair deal.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Quote from @Cari Sweet: This sounds like a case for Fair Housing- Familial Status discrimination.
Bayo Badejo
103 unit assessed cap rate of 5.4(accurate?)
15 January 2025 | 3 replies
Well maintained 80's property, vintage condition units.
Mitch Provost
Student Rental Investment Market
21 January 2025 | 3 replies
These homes were built in 2016/17 and I've managed/maintained them myself.