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17 January 2025 | 35 replies
If you have a network of a couple consistent buyers, that's all you'll ever need.
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16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
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9 January 2025 | 5 replies
@Zach Denny Did you ever put your deal together, if so I'd be curious what the bank required on CLTV and if you had to source the total down payment (PP-First Loan) then apply seller second, or if the bank let you do all that at closing functionally making your DP = PP-First Loan-Second Loan.
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27 January 2025 | 17 replies
I would definitely not want to make the change, and then regret it.
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11 January 2025 | 7 replies
This was the first property I ever purchased so I have a lot of equity and I feel like it could be better used.
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23 January 2025 | 21 replies
Class A- Brand New buildings with lots of amenities, good infrastructure & locationClass B- Building are usually older; priced less than Class A & need some updates/restorationClass C- Oldest buildings (20+ years); need significant maintenance; less attractive locationsWhere things become subjective is an older building located in a neighborhood that's changing for the better.
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8 January 2025 | 10 replies
If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help!
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16 January 2025 | 10 replies
I suspect it's due to the change in the housing market and economy.
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6 January 2025 | 1 reply
If you ever have a question or need advice, feel free to reach out.
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15 January 2025 | 18 replies
Would change the rate but you can keep the property and reinvest to expand your portfolio.