Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers.
Desiree Rejeili
How Much Home Equity Have You Gained? The Answer Might Surprise You
13 January 2025 | 0 replies
The rise in home equity over the years can be credited to two key factors:1.
Olga Daisel
Advice on investment type
23 January 2025 | 5 replies
Flipping a brand new home likely wouldn’t bring much profit - especially after having to close twice when you first buy it, and later sell it.Maybe you have millions to spend and I’m just missing the big picture… but when I think of “income” I’m usually thinking “net income” after you factor in expenses, like purchase price or building costs?
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
In your situation there is actually another factor that may work in your favor.Only the proceeds allocated to the sale of the building can be used in a 1031exchange.
Murtuza Khoja
Considering buying a STR in Kissimmee
26 January 2025 | 2 replies
There are more factors than just the community (#beds, level of theming, location to the amenities, style of home (single family, townhome, condo) and others) But I would strongly advise to stay within some of the same communities you mentioned like Storey Lake, Windsor Hills, Championsgate and a few others if cash flow is your goal.
Marc Zak
LLC Insurance and Taxation
26 January 2025 | 6 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
With that being said, the interest rate is going to be the single biggest determining factor for whether you're barely breaking even, or seeing a decent monthly cash flow.
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
You will also have to factor in the closing cost for the new loan.
Makani Donaldson
Having trouble being lendable
25 January 2025 | 7 replies
If you're considering house hacking a multi family property, some lenders might be able to factor in potential rental income to help you qualify.