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18 April 2024 | 18 replies
The city has seen significant improvement across various areas creating a diverse market with distinct A, B, and C neighborhoods.
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19 April 2024 | 13 replies
The products offered will always vary and part of being a broker is knowing the borrower's scenarios and our lenders to know where the pieces fit best.
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21 April 2024 | 25 replies
I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).
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19 April 2024 | 4 replies
I can make lender recommendations, but one piece of advice I tend to give is check out the 203k endorsement summary (just google it)HUD each month puts out a list of lenders that have written 203k loans in each market.
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19 April 2024 | 5 replies
Hi Jose - sharing a link to this article I published last year on BP on all about DSCR Loans https://www.biggerpockets.com/blog/multifamily-dscr-loansI also posted a piece on this (companion to a youtube video on our channel) this week on the Private Lending forum - https://www.biggerpockets.com/forums/49/topics/1184943-multi...Key is how many units you are looking at:In these forums - A common question among real estate investors that want to get into the multifamily investing space is how to get financing.
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18 April 2024 | 28 replies
Believe me, without a survey you might have been on an entirely different piece of property.
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18 April 2024 | 5 replies
Any and all help finding them is appreciated 👏 We wrote a piece on this a while back - sharing here (www.easystreetcap.com/best-short-term-rental-podcasts) (BP - please delete if this is in violation, sorry if it is!)
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18 April 2024 | 54 replies
Essentially a small piece of what I do is help Wholesalers with EMD's that could be 1k+ Its a great way for wholesalers to get into more contracts without having concern of deploying or running out of there own money.
18 April 2024 | 2 replies
Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie.
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18 April 2024 | 16 replies
The last wood deck I did we had some paint that had little pieces of sand in it to prevent tenants from slipping on the stairs and deck.