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3 July 2024 | 0 replies
Focus on energy-efficient improvements, modern amenities, or cosmetic upgrades that appeal to San Antonio's rental demographic.Community EngagementAre you currently investing in residential multifamily properties in San Antonio, or are you considering making your first purchase?
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1 July 2024 | 10 replies
**Quality of the Property**: The property itself is of good quality, requiring minimal immediate repairs and offering modern amenities that are attractive to tenants.3.
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3 July 2024 | 6 replies
I was planning on combining the 3 strategies of brrrr, house hacking and sneaky rental strategy.
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30 June 2024 | 6 replies
I am struggling to find a CRM that combines my Real estate as an agent part of the business and my acquisition as an investor going after properties.
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3 July 2024 | 3 replies
Alternatively, look into renovation-specific loans like the Fannie Mae HomeStyle Renovation or FHA 203K loans as standalone products for rehab costs.FHA 203K LoanPros:Low Down Payment & Bundled Costs: This loan simplifies the process by combining the purchase and rehab costs into one mortgage.Cons:Interest Rate & Refinance Requirement: Higher interest rates and the need for refinancing could reduce your overall return on investment.Fannie Mae HomeStyle Renovation LoanPros:Bundled Costs: Like the FHA 203K, this loan combines purchase and renovation costs, simplifying the process.Cons:Interest Rate & Refinance Requirement: Similar to the FHA 203K loan, the need for refinancing to extract equity and convert to an investment property might add to your costs.I am a loan officer so I have some expertise in this area.
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2 July 2024 | 0 replies
These updates modernized the property, improved its curb appeal, and significantly increased its market value.
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4 July 2024 | 12 replies
To evaluate the ARV, I’ve used a combination of online resources and comps pulled by a real estate agent with access to the MLS.
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2 July 2024 | 0 replies
These updates modernized the property, improved its curb appeal, and significantly increased its market value.
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3 July 2024 | 3 replies
Your best bet would be to take a look at a combination of cash outs / or maybe just one in order to obtain your proceeds for the new purchase.
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10 July 2024 | 256 replies
That combined with my natural aversion to shameless self-promoters led me to never invest with Scott, although I did consider it based off of his reputation.