They are often based on a combination of unleveraged internal rates of return and discounts to replacement cost due to the scarcity of debt.Where cap rates are used, they have seen significant movement off the 2021 lows, with 5-star properties seeing yields expand by 175-200 basis points.

Hi Alex, I invest out of the country internationally, so even further than out of state :), while also investing locally.

There are hundreds of others nationally, Internationally and locally that are all fighting over a few deals and thats driving prices up and margins down.

Next it will all come down to the numbers for the deal to really confirm 80%-90% LTC/LTV on purchase, 100% of rehab (funded in draws) not to exceed 65-75% ARV (depending on the lender, most are 70-75% ARV) Kiavi is a great lender, but it comes at no surprise as their internal credit analysis throws me for a loop sometimes (and shocks me, as very qualified borrowers sometimes still don't make it through that analysis)In short, you simply need to connect with the right lenders and each will have varying rates, costs, fees, etcBill Fay referenced the Hard Money Lenders link here on BP which is a great direct resource! 

With tons of ex teammates and international students looking for housing in our small town environment, there is a untapped avenue to succeed. 

The new reporting law is just for the IRS internally.

im down....i work with a lot of international partners as well

I'm a Realtor in the Nashville area and have some familiarity with the process of international wholesaling.

Hi everyone,I have a quick question, wondering if anyone could help someone out for International Women's Day!

I know this isn't auto-pay, but was an internal system that caused most of the roughly 5,000 tenants to pay their bills each month without much manual work (other than printing and stuffing envelopes).