Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
However, it's important to be cautious, as sheriff sales can be risky for inexperienced individuals and may lead to significant financial losses.3 - Referring to point 2.4 - I can provide you with some recommendations for CPAs who are based in Ohio.
Liz Valtos
Neophyit seeks help
18 January 2025 | 3 replies
When you say OPM, are you referring to using the bank's money?
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Typically max leverage is 70CLTV - very higher Prepayment penalties and be ready for rates north of 12% - I answer this question all the time.
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
Reason being HML's are typically short term loans that are interest only.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
In southern CA, even garage conversion ADU additions are typically costing more than the value added.
Baron Wheeler
Guidance midterm rentals in south Houston?
16 January 2025 | 7 replies
Airbnb with a minimum of 1 month stay could be a good reference too.
Allen Berrebbi
Former visitor looking to invest in Peoria IL
6 January 2025 | 7 replies
For reference, my property was only about 90 miles from Peoria.
George Daly
Weather Impact on Deal Analysis
5 January 2025 | 5 replies
For reference, Dallas will show something like 26% chance of high winds (3 seconds with wind speeds above 50 MPH) in the next 30 years, for most available properties.
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 replies
@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?