
17 December 2024 | 9 replies
I am assuming I should only apply for one loan approval since pulling my credit score/history will lower my credit number.

18 December 2024 | 15 replies
page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

17 December 2024 | 20 replies
The paid off property is an attractive and way lower risk / less work investment from my seat.

20 December 2024 | 12 replies
Usually, tenants are receptive to the idea but I also wonder if tenants with a higher credit score care less about this feature than ones with a lower credit score who are actively working to rebuild their credit?

18 December 2024 | 13 replies
It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1.

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.