Account Closed
How do investors get loans for properties in poor conditions?
2 April 2024 | 24 replies
Then you can get it released as you finish the job (either after it's done or after passing certain benchmarks).
Jamie Banks
MTR Summit Recap
31 March 2024 | 12 replies
We just asked that investor how much the company pays them monthly so we had a benchmark (and it was quite a bit higher than we are getting direct).
Tom Server
Where to see rates
16 March 2024 | 5 replies
The 5-Year Treasury rate is generally the right benchmark for non-owner occupied Non-QM (assuming thats the direction you are in) - and rates will generally move in concert.I'd be happy to look at your scenario and let you know opinion on if its in line with current rates - that being said, economic data has been brutal this week and yields have risen every day, so its unlikely that rates have gotten better since you locked in last week (if you got a true rate lock)
Angela Arriaga
House Hacking in Los Angeles County
16 March 2024 | 12 replies
Benchmarks such as the cap rate and the 1% rule are helpful resources.Remember, every real estate market is unique, and strategies that work in one area may not be as effective in another.
Collin Hays
Get Out Now
16 March 2024 | 58 replies
It all comes down to your tolerance for lower profit numbers.If you are trying to hit that 25% that seems to be a lot of folks' benchmark, then you will be looking for a long time.
Ahmed Habib
What is best strategy to close first few wholesale deals?
13 March 2024 | 6 replies
.….INCLUDING …ALL… COSTS, FEES , CONSULTING FEES.You will likely get one of the two following responses..1) “ the hud 1 isn’t available”… if you are financing…..this is FALSE…the disclosure IS available..as it is one of the benchmark doc FOR the financing.Or..2) that wholesaler, guru, or turn key company says that they don’t want to do business with you… what they Actually just taught you.. is that you don’t want to do business with them..OOOHHH.OPTION THREE..no problem Mr Buyer… here’s the Financial Disclosure… note line 36 near the bottom on the right column… there’s a “ consulting fee”… that’s my cost .Hmmmm I know where I’m sending my business.I would love to help build your financial future ..
Christopher Benjamin
STR / airbnb property spreadsheet
14 March 2024 | 50 replies
Michael, sounds like we’re at the same benchmark / would be great to chat and share resources.
Lisa Marie
Are REIAs a scam?
15 March 2024 | 93 replies
Your gurus talk about money because, 1. it impresses those who don't have it and 2. they have no other qualification to use as a bench mark to convince you they have valuable information to give you.
Katlynn Teague
New to Wholesaling? HELP
9 March 2024 | 22 replies
Identify a property that can be acquired at a discount for whatever reason (benchmark 60% ARV)2.
Justin Goodin
Did you start with single family rentals ?
5 March 2024 | 27 replies
I use that number because that would seem to be the bench mark for FI from W2 for many people, with basic life styles.