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21 November 2024 | 15 replies
So for example, in the Orlando market, a 4bd house is pretty low as a standard but over here in the Tampa Bay Area a 4bd house is quite high on the STR ladder.
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21 November 2024 | 4 replies
But in reality, reinvestment risk is real.In rentals, in today's market, there is basically no cashflow available after a BRRR and you introduce tenant risk into the equation and any longterm hold will have pretty continual maintenance.
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20 November 2024 | 37 replies
Originally posted by @George Despotopoulos:Short term is usually referred to as hard money or bridge loans. 3-6 months is pretty short, standard is 12 months.
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22 November 2024 | 28 replies
Hi , I pretty much found many of them to be around the same but what I do recommend and what I did was call as many local banks and credit unions as I could and ask them rates , amortization schedule, origination fees, pre payment penalties , refinance options if rates go down , as many things as you can think of and write it all down for each one.
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20 November 2024 | 9 replies
DSCR works pretty cohesively with hard money, especially when you use the BRRRR method since it allows you to increase leverage on the back end refi.
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20 November 2024 | 6 replies
I know that they are pretty big and competitive and also our competitor :) My management company has great reviews and better pricing, which allows you to save PM me if you are interested in discussing it further.
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21 November 2024 | 6 replies
And on the flip side, if I know that I'm going to be the only offer on a house as a buyers agent, I have a pretty solid chance of getting the service fee that I want.
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20 November 2024 | 15 replies
What's good here in Columbus is aside from being a great market to find cash flowing deals, construction costs and timelines are pretty reasonable compared to other cities.
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22 November 2024 | 12 replies
One of my STRs is pretty much done for in Asheville, too.