
8 January 2025 | 10 replies
What I have learned is that you can borrow $50K or half your loan balance whichever is the small amount.

7 January 2025 | 8 replies
Hard money loans will almost certainly not cover 100% of the property’s purchase price and will require a chunky amount down (eg 20-30%) from you.

3 January 2025 | 19 replies
The problem is that they do not usually give this to new people and/or people that do not have big amounts deposited into their accounts.I'm also CT based.

4 January 2025 | 12 replies
Pay them an agreed upon amount and they break the lease and move out.

19 January 2025 | 269 replies
I would think a garden and parking are an attractive draw in peniche, especially in the high season. 2.Adding value – To be determined amount of renovation/redecoration work is required on the property since it has been sitting empty for 4 years and hasn't been updated in decades.
31 December 2024 | 8 replies
Hi Raif, Could you provide interest rates and payoff amounts?

4 January 2025 | 11 replies
The loss created by section 179 is limited to your total net taxable income amount from all "active" business income you have, plus any W-2 income.

7 January 2025 | 19 replies
The percentage increase was off the charts, but the dollar amounts - not so much.

13 January 2025 | 30 replies
Therefore they can sit back and accept say $5000/month on a multi whereas me buying it, now I need full rent amount which is closer to $6800/month.

7 January 2025 | 12 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.