Marcus Welson
Capital Gains and Basis on Interest Acquired Over Time through Surviviorship
5 October 2024 | 2 replies
Does the use of the property as a personal residence by person A and the limited rental period affect the capital gains in any way?
Jake Andronico
House hacking at 22 - What I regret...
11 October 2024 | 56 replies
I also did my first house hack it was a 4 unit though but around that same period with a cashout refi brrr in 2020.
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
11 October 2024 | 30 replies
OP the option period is just your due diligence period. in Texas its common to put up 100.00 non refundable for a 2 week option.. if you dont like it you back out and lose your 100.00
Ryan A Shumaker
Software for Syndication- Please Help!
1 October 2024 | 21 replies
I just had a demo of SyndicationPro & InvestNext - the immediate limit with Syndication Pro was my location outside of the USA.Going to trial (paid trial) InvestNext for a few months and will report back.
Lee Hampton
Houston's New Short-Term Rental Regulations Poised to Shake Up the STR Scene
4 October 2024 | 8 replies
.-- Expect a grace period of two months once the new regulations are enacted into law.
Kayla Utley
Traveling CNA for 8 week stay on Air bnb
4 October 2024 | 4 replies
I have someone interested in staying 8 weeks at my STR during my slow period for a traveling CNA position.
Joel Jean-Baptiste
Sites like Brightinvestor.com, but cheaper
30 September 2024 | 1 reply
I was using Brightinvestor's free trial and found it very useful.
Andrew Gheen
Looking to do a house flip in Indiana
4 October 2024 | 6 replies
Try to account for that type of work when going into contract/while you're in contract during the inspection period.
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
FREDDIE MAC SMALL BALANCE LOAN (SBL)Loan Purpose: Permanent Financing (Refi & Acquisition) Loan Proceeds: $1,000,000 - $7,500,000Loan Sizing: 80% LTV; 1.20x DCR (Top Market)Loan Sizing: 80% LTV; 1.25x DCR (Standard Market)Loan Sizing: 70-75% LTV; 1.30x DCR (Small Market)Loan Sizing: 70-75% LTV; 1.40x DCR (Very Small Market) Amortization: 30 YearsLoan Term: 5-10 Year Term (Fixed), 10 or 20 Years (Hybrid ARM)IO Term: Partial Term IO (80% LTV; 1.20x DCR); Full Term IO (65% LTV; 1.35x DCR) (Top Market) IO Term: Partial Term IO (80% LTV; 1.25x DCR); Full Term IO (65% LTV; 1.40x DCR) (Standard Market) IO Term: Partial Term IO (70-75% LTV; 1.30x DCR); Full Term IO (60% LTV; 1.45x DCR) (Small MArket)IO Term: Partial Term IO (70-75% LTV; 1.40x DCR); Full Term IO (60% LTV; 1.55x DCR) (Very Small Market) Rate Types: Fixed & Hybrid ARMRate Lock: Rate Lock @ ApplicationNon-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Standard - Greater of YM or 1.00%Flexible Prepay: Flexible Options – Stepdown & Extended Open/Par Periods Rate Buydowns: Yes – Rate Buydowns Available Up to 2.00%Assumable: Yes – Assumable LoanCash Out Refi: Yes – Cash Out Refi OK FANNIE MAE SMALL LOANLoan Purpose: Permanent Financing (Refi & Acquisition) Loan Proceeds: $1,000,000 - $9,000,000Loan Sizing: 75-80% LTV; 1.25x DCRAmortization: 30 YearsLoan Term: 5-30 Year TermIO Term (PTIO): Partial Term IO @ 80% LTV; 1.25x DCR IO Term (FTIO): Full Term IO @ 65% LTV; 1.35x DCR Rate Type: Fixed RateRate Lock: Rate Lock @ Loan CommitmentRate Structure: Treasury Yield + SpreadNon-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Yield Maintenance; 3 Mos @ 1.00%; 3 Mos @ ParFlexible Prepay: Flexible Prepayment Options Available Escrows: Taxes, Insurance, Replacement ReservesRate Buydowns: Yes - Rate Buydowns Available Up to (1.25%-2.00%)Assumable: Yes – Assumable Loan Cash Out Refi: Yes – Cash Out Refi OK