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18 September 2024 | 67 replies
They won't assign tasks to vendors unless owners have money - and expect owners to proactively view their portals to see requests - and depend on automation to get their attention.
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14 September 2024 | 12 replies
I would only focus on cap rates for larger assets.
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14 September 2024 | 1 reply
The larger players last I checked were between 10-12%.
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16 September 2024 | 13 replies
However, the specifics can vary by lender.DSCR's are designed to accommodate various investment scenarios, so they can be quite flexible with terms and will typically have slightly higher interest rates compared to traditional loans and might require a larger down payment.
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15 September 2024 | 38 replies
Often times these larger projects look rough, even if there shouldn't be a value problem (should as-is appraise at PP or higher) at purchase price.
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13 September 2024 | 7 replies
Or you could slowly consolidate the properties together to purchase a larger property.
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19 September 2024 | 29 replies
Here are some reasons out-of-state investors love the Milwaukee market: - Affordability: Compared to larger metropolitan areas, Milwaukee offers relatively low property prices, making it easier for investors to enter the market.- Strong Rental Market: The city has a robust rental market due to a diverse population, including students, young professionals, and families.
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15 September 2024 | 11 replies
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when they don’t qualify for a 3rd party loan (2) obtain financing when the property doesn’t qualify for financing and or (3) extend the “buying power” of their capital contribution (down payment) to purchase a larger more expensive property by having the seller provide a subordinated mortgage loan.That’s all and good, but why should the seller agree to finance the purchase of his property, instead of getting CASH for his equity?
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13 September 2024 | 9 replies
In fact, I would argue that in some forms, it is more difficult since you have to find a good deal (no easy task) that has enough profit for the flipper and then room for you as the wholesaler.
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21 September 2024 | 69 replies
Definitely agree with you equity is the larger part of the gain.