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5 August 2024 | 1 reply
While there are paid plans with more features, the free version is useful for basic analysis and getting a good overview of a property's potential.3.
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8 August 2024 | 32 replies
The key features that make it more efficient that are hard to replicate else where is that the interest is simple interest similar to commercial loans (rate/365Xbalance daily), there’s a 20 day grace period before the prior period’s accrued interest is billed/added to your balance outstanding so you can keep chipping away at your daily principal balance with your deposits from days 1-19th each month before prior month’s interest is even billed (on the 20th/21st usually).The current CMT or constant maturity treasury index is less volatile than prime index that most heloc’s are based on (most bank commercial lines are based on 3-5 year FHLB + 225-275 BPS or 2.25-2.75% margin).
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6 August 2024 | 8 replies
Won't do it just for more moneyGo to the Short-Term Rental forum and read up on rental arbitrage, or use the search feature (magnifying glass).
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5 August 2024 | 16 replies
Hi Carlo,As mentioned DSCR loans vary widely based off of numerous factors, credit, LTV, Prepay type, DSCR Ratio, just to name a few.However, I am seeing rates as low as 6.625% now on DSCR products in a perfect scenario.In scenarios with low credit scores, high LTV's and short prepays we can easily be in the 9's.When looking for a DSCR loan to fit your needs, I recommend getting in touch with someone who knows what they are doing to pencil the loan in your best interest.Glad to connect and get into more detail!
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14 August 2024 | 134 replies
Pre-Payment is feature and advantage.
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5 August 2024 | 9 replies
Plans start at just $59 per month, making it an attractive option for cost-conscious sellers.LendFoundry Loan Servicing Solution (LSS): This robust software offers features like loan tracking, repayment allocation, delinquency management, and investor reporting.
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7 August 2024 | 32 replies
I’ll check out both articles you shared.How do Solo 401(k) and SDIRA benefit W2 individuals in terms of contribution limits, investment flexibility, and tax advantages, particularly with features like checkbook control and Roth contributions?
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1 August 2024 | 4 replies
I've got a 2nd floor detached garage build i'm in the planning/permitting stages of here and looking for advice to see if any key features need added.It will have its separate entrance from main garage which will be utilized by main house STR for a game room eventually.
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6 August 2024 | 32 replies
The Arizona Department of Real Estate (ADRE) receives numerous calls and complaints from the public and real estate professionals related to the practice of unlicensed activity and wholesaling.Specifically and over the past few years, the practice of wholesaling property has generated complaints about deceptive sales tactics, predatory contracts and clouding title to properties.
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31 July 2024 | 0 replies
Hello, I am a software developer and I have a data science friend who we want to team up on making software in the real estate niche.Tell me, as a real estate professional, please dream of your ideal software. what kind of software or software feature do you wish you had or wish that can be improved upon.