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6 September 2024 | 11 replies
.- a cash offer could be extended to obtain a discount at purchase that could be refinanced after purchase- a high cash flow low appreciating market with historical appreciation below the appreciation rate can benefit from the increased cash flow of 0% LTV versus the little benefit (in this case) of the increased return that could result from leverage.The reality is that many cash purchases are not unleveraged for long.
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5 September 2024 | 15 replies
I currently have a very stable software engineer position and eventually hope to cut back hours or become a contractor that works 20 hours per week once I am able to hit some of my financial goals.The ADU seems like a potential way to keep my mortgage expenses down since I would just pay for it up front with the sell of the property.
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6 September 2024 | 64 replies
Trying to see if it would make sense to just become a pro member depending on the discount of the event.
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4 September 2024 | 2 replies
It took 2 weeks to list and another 2 weeks to close.Pre-cleaning it was not in any condition to be sold to on the MLS and cash buyers would've wanted a heavy discount for the extremely bad condition of the property.
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5 September 2024 | 14 replies
Discount Solo 401K, Sense Financial, or My Solo 401K?
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4 September 2024 | 5 replies
In Maryland you get a 0.25% discount on recordation taxes if you are a first time home buyer.
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4 September 2024 | 14 replies
Can't speak for AirDNA, but you don't have to have sophisticated software to know that Galveston is a great spot for a vacation rental.
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5 September 2024 | 19 replies
Currently, I'm moving to self storage because I like the business model and can see myself running these when I quit my W2 job (software sales) here shortly.
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5 September 2024 | 35 replies
Even with management software, you still have to run a business and be as good as or better than your competitors.
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5 September 2024 | 11 replies
There still is a tendency for DSCR Loans in particularly to get lumped in (throughout securitization) with other "Non-QM" loans, mostly owner-occupied when they really shouldn't be in my view, further a lot of the "tech" and software, systems buildout (including loan doc generators) are based on consumer resi which creates a lot of headaches.Anything rehab/construction related though (which is what the original post appears to be more about) is a different animals though - experiences are likely to vary markedly by market, lender, bank etc quite a bit