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17 January 2025 | 7 replies
I think the most I could possibly get monthly out of the property is 1000 based off of rentometer, zillow, and BP.
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20 January 2025 | 9 replies
Make sure your photos are professional, your description is engaging, and you’ve set competitive prices based on your local market.
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27 January 2025 | 23 replies
My property tax base on my primary is somewhat reasonable but the total property tax goes up because of all the special assessments, some of which make no sense to me (and I didn't vote for those).
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21 January 2025 | 13 replies
The DSCR loan would allow you to qualify based on the rent you are collecting and get up to 75% of the value (175 x 0.75 = 131.25k, minus 20k payoff and closing costs.You could get a line of credit or a bridge loan against it to borrow money, but it would be higher interest.
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16 January 2025 | 18 replies
I do not personally use him based soley on the fact that the firm is virtual.
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25 January 2025 | 17 replies
I would like to offer a different perspective on RTR Academy based on my experience, which, unfortunately, has not been great so far.
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16 January 2025 | 26 replies
Quote from @Dean Harris: @Mike SferaThis is a great question and one I get from our client base often here in Memphis, TN.
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13 January 2025 | 1 reply
Don't put a high list price based on what you want, needs to be based on solds
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17 January 2025 | 11 replies
Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.