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23 January 2025 | 6 replies
Current rents are at $900 each unit =1800 once we refinance to a mortgage the mortgage will be from 2400-2500 total.
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13 February 2025 | 17 replies
On the other hand, a digital nomad looking for a place to WFH for a few weeks will prioritize a private, immersive experience in the location, like cozy lounge seating on a deck to enjoy a mountain or beach view.So while many of the items you mentioned are desirable across the board, it's about tailoring the space to what each group values most based on their needs.
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19 January 2025 | 9 replies
Other than that, it is really a light doc loan with not many strings attached compared to a conventional mortgage.
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26 February 2025 | 40 replies
lol In 5 years time you have rental increases typically of 10% to blend cap rate up plus you have mortgage paydown so even with resale costs you tend to come out ahead on a 15 year lease.You can have various types of NNN that can cap rate compress some too due to type of tenant or the location is super strong and gets even more desirable as time goes on.There are some buyers that want ultimate security for location and they will pay 3 caps for that.
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27 January 2025 | 7 replies
You could explore a private note sale but without hard collateral it could be difficult and would come with a discounted buy out.
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12 February 2025 | 75 replies
I would say the average when you’re starting out is 30-60 days to get your first check or wire transfer.DO I NEED CREDIT, AN AGENT, OR A MORTGAGE COMPANY TO WHOLESALE?
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1 February 2025 | 6 replies
I could rent the other side for around 1,100 to pay down the mortgage.
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27 January 2025 | 56 replies
There will always be people with money who want a second home in Colorado who are fine as long as their mortgage is covered.
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15 January 2025 | 29 replies
He has since refinanced and cashed me and my private lender out.
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26 January 2025 | 19 replies
Now solely as a lender, i actually reverted back to it in unison with our mortgage origination software.