Andrew Bosworth
Best current commercial lending options for small/mid-sized apartments?
27 January 2025 | 4 replies
Fannie & Freddie could be a great option for you but they have some strong requirements, Net worth, experience, liquidity, DSCR just to name a few.Happy to connect & see if that product could be a good fit for you.
Grant Shipman
7 Steps to Choose Your Property Type: Niche 2 Get Rich & Super-Niche 2 Get SuperRich
27 January 2025 | 0 replies
The best setups have:5-11 members (ideally 6-8).1 bedroom per member.1 bathroom for every 3 members.Look for properties with these specs:6-8 bedrooms.2-4 bathrooms.Ample parking (street or otherwise).Detached houses fit this formula beautifully, but other property types can work too.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.
Shaun Ortiz
How Can I Best Support Investors Remotely with Leads on Distressed & Foreclosed Homes
17 January 2025 | 0 replies
My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?
Scott Trench
Plotting the Relationship Between Social Media Presence and Real Estate Fund IRR
29 January 2025 | 3 replies
The one who thinks that they are masters of the universe in EVERY area of life, has 30 different businesses, claims to be fit as a fiddle, with a life in perfect harmony, shows off huge toys, has 30 different businesses, including selling their time by the hour to provide coaching... this person is not running a real estate syndication business.
David B Graham
Financing needed for multi family
16 January 2025 | 3 replies
We have a 30Y Fixed DSCR product that would likely fit your needs.
Jacqueline Wright
Ready to Dive into My First REI Purchase—Auction Property with Hard Money or DSCR? An
23 January 2025 | 3 replies
The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?
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.
Francisco Ruiz
Looking to build a small multifamily in the southeast
23 January 2025 | 5 replies
Send me a PM and I'll send you a couple of examples of what is on the market outside of Atlanta so you can run your numbers and see if that fits.
Adedayo Adetunji
Stranger occupied property without consent
8 January 2025 | 5 replies
Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.