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1 January 2025 | 26 replies
The buyer can obtain a property with no mortgage qualifying and or a lower than current interest rate, or on terms not readily available otherwise.
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6 January 2025 | 15 replies
They may tell you a certain % but then if you offer significantly lower they might change or retract that number.
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23 December 2024 | 7 replies
Lower appreciation than single family home
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18 February 2025 | 148 replies
Nor took any action against 2 Trillion induced losses during GFC, by any banker or rating agency etc, but suppose it can't hurt to get some of your frustration out by filing a complaint, and the RADD managers may be dumb enough to give you back some of your money, as they purported to in 1 review (probably a lie).If I were in RADDs shoes today, I would have 2 choices, file bankruptcy and disperse assets after paying all liabilities, probably <50 cents on the dollar for investors, or do what they are doing, which is to go to church every day and pray for lower rates and tell the investors to go pound Sand.
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9 January 2025 | 20 replies
I will continue to do my research and try to find a CPA that handles Texas and has a lower minimum I think.
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26 December 2024 | 3 replies
You can also start exploring a house hack to utilize the lower DP
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26 December 2024 | 27 replies
Would you reach out to unmatched leads if their budget is slightly lower, or do you think it's not worth the time?
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27 December 2024 | 10 replies
The rate will also be lower than either of the two previously mentioned options.
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28 December 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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28 December 2024 | 24 replies
I always invested in the “higher end of the lower end,” starting small and working my way up so the banks had no issues financing my next property.