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25 April 2024 | 2 replies
Do you measure by dollar per square feet?
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25 April 2024 | 27 replies
You could measure it yourself to get an idea....still think you need it done officially.
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25 April 2024 | 1 reply
This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.
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24 April 2024 | 2 replies
I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?
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25 April 2024 | 9 replies
I read the Fannie seller guide and it says that a cash out refinance has a 12-month seasoning requirement if it is paying off an existing first mortgage: "If an existing first mortgage is being paid off through the transaction, it must be at least 12 months old at the time of refinance, as measured by the note date of the existing loan to the note date of the new loan."
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26 April 2024 | 4 replies
We're aiming for something designed and higher end, in part because we'd live in it for the duration of the remodel + houselift of the main house, and feel good looking at it from our house.
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25 April 2024 | 7 replies
Unit count is usually an ego driven measure many investors fall into.
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26 April 2024 | 10 replies
We've had clients change their offered commission numerous times during the course of a listing thinking it would make a difference - our experience is that above 3% or with a BTSA (Bonus to Selling Agent) it doesn't have a measurable difference - the Buyer is generally in control and pushing a client towards one home or another based on your payday may land that agent in hot water later.
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24 April 2024 | 0 replies
Seems to be a security measure that sometimes false-flags attachments from what I've read on the net.
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24 April 2024 | 4 replies
I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?