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2 April 2024 | 10 replies
In theory, there is no reason this settlement would have an effect on sellers, in fact if anything it should make it cheaper, I say in theory because the biggest outcome of this case is going to be the media coverage of the settlement, the truth is and this doesn’t make for a dramatic headline, there are 4-5 million home transactions a year, the vast vast majority were done on the mls with the agent’s splliting 5-6%.
3 April 2024 | 5 replies
I could house hack it though to help supplement some of those costs, maybe get into a home that needs some fixing up and then when rates come down and I get that forced appreciation I could refi and pull out some money if I’ve gained some equity?
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3 April 2024 | 6 replies
They set minimums for coverages, knowing they will rarely exceed those minimums.Lawsuits for injury are rare.
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4 April 2024 | 19 replies
I am not sure where the pricing is today as all of my recently originated debt is construction financing which is adjustable and tied to the fed rate but your broker is not being honest with you if they are saying rates never drop below 7%.As for your desire to complete a BRRRR, the interest rates certainly impact the debt coverage ratio and thus the refinance proceeds.
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3 April 2024 | 18 replies
This was to ensure that I was able to supplement my income and allow for a smooth transition.
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2 April 2024 | 26 replies
I've got my eye on crunching numbers with the Debt Service Coverage Ratio (DSCR) to keep ahead of any potential market dips.Cheers,Keeya
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2 April 2024 | 2 replies
Maybe, because they are also renting out a portion of their home to supplement their retirement fund, this is needed in America, not so much in Sweden.
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2 April 2024 | 8 replies
Having the right insurance coverage/riders is critical - if you're not properly insured and something happens, the asset could potentially be wiped out.
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1 April 2024 | 2 replies
You have to take what you have learned and supplement that with at least one local investor meetup a month.
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1 April 2024 | 2 replies
I can offer partial or full operation, setup, schedule organization, property maintenance, on-call/out of town coverage.