You could always refinance later when the property appreciates or when rates drop further.4.

I’m now battling a civil lawsuit (that I wasn’t informed about) thanks to Home 365 dropping the ball on a tenant issue and they’re not helping.

I can say the reality is institutional buys are a drop in the bucket.

I have a 4 unit, there are some bedrooms on the third floor that don't quite meet egress requirements because it's a 22' drop from the window sill instead of the maximum 20' I've been thinking of solutions and came up with something that I think might just work.

Some of the things we have done:1. dropped the rate for equity in the property2.

They tend to start doing "fire sales" which means dropping prices which causes all of the homes they closed on the previous 12 months or more to lose value based on new discounted comparable sales.That is why you see builder always offering crazy "Builder credits" which in most cases are "ghost" funds. 

He says his source at a leading information provider, tells him that their research reports a serious drop in the number of "wholesalers" out there from 90,000 in mid 2022 to about 20,000 now, in fall of 2024.

I thought about writing letters and posting through the letter box of the nicer small multi family i see, but i understand the owner likely doesn't live there.

As a result (at least in my area) most appraisers rush this process and give something like 112% value for remodel- which is utterly ludicrous, as our remodels are enormously leveraged and should give closer to 300% value.And with these ARV based DSCR programs, you need a high ARV dollar amount, or else they further drop your LTV.

We had 2.2 months of inventory in August that is up from last years months of inventory of 1.4 months back in August 2023.We also have had a nice drop in mortgage rates the last several months so I am just hoping rates stay low and inventory increases even more so that we have a lot more real estate sales this winter.