Treza Edwards
Real Estate Financing DCSR
15 January 2025 | 4 replies
I wouldn't think that a lack of a Lexus Nexus profile would disqualify you.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
It sounds like you are investigating the DSCR route due to lack of investment funds.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
Our primary issue on both previous CPAs was lack of engagement/enthusiasm in their work.
Joey P.
Rezone vs ADU
30 January 2025 | 7 replies
Im not sure if it’s due to lack of interest by the homeowners or if it’s due to process issues with the city.
Ercilio De La Cruz
Real Estate Entrepreneur
19 January 2025 | 1 reply
I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
My opinion is a lack of business organization.
Austin Green
Thoughts on short term rental in Franklin, NC
25 January 2025 | 10 replies
But Franklin is gorgeous, but the town is lacking for sure.What are your thoughts?
Keegan Darby
Advice needed on selling
11 January 2025 | 7 replies
Given the lack of activity / buyers in the market at this time with rates, would you reccomend holding and renting it until the market is better to sell in?