
18 December 2024 | 0 replies
All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)

19 December 2024 | 10 replies
One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental.

18 December 2024 | 24 replies
I have several clients who have invested in Vegas and had a lot of success but now they're focusing more in the southern/middle part of the country because the price points are lower and the laws are more landlord friendly.

23 December 2024 | 21 replies
Sorry to hear that you are dealing with an eviction, though with the high cost of living here and relatively lower wages, I suspect it is not uncommon.

17 December 2024 | 1 reply
Panicking sellers may temporarily drive prices lower, but stabilization is expected.

19 December 2024 | 4 replies
I think I’m going to lower the price a bit after Thanksgiving, because I really don’t want to go into Christmas without it leased.

23 December 2024 | 10 replies
Without new companies creating similar-paying replacement jobs, workers may have to settle for lower-paying service sector positions.

21 December 2024 | 10 replies
Most lenders will use the middle of your three credit scores and if there's more than one applicant, the lender will go with the lower of the two credit scores.

19 December 2024 | 11 replies
I am also an Italian citizen, I lived there for a while, so I know the place and my family lives nearby.House prices are also lower in the areas I invest in comparison to Munich where I live.