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6 January 2025 | 5 replies
as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.
3 January 2025 | 8 replies
An attorney recommended to drop it.
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10 January 2025 | 4 replies
For rate scenarios lenders need to know much more info:1) SFH, Condo, or?
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26 January 2025 | 17 replies
I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.
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9 January 2025 | 15 replies
Asking me for LLC docs few times over and quoting on a rate sheet that was for single family and not town house.
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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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14 January 2025 | 8 replies
But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)
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9 January 2025 | 8 replies
CoStar) to understand the rental market (rent amounts, absorbtion rate, etc..) but that service is fairly expensive.
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18 January 2025 | 15 replies
But I need PHONE NUMBERS to get better conversion rate for my letters.
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15 January 2025 | 24 replies
I just read a new ranking of market ratings and I was not a fan seeing MN ranked 99.9 out of 100 potential score.