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5 December 2024 | 7 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.
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4 December 2024 | 5 replies
Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest debt.
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12 December 2024 | 49 replies
There is increasing supply as a result of increasing demand but the real question you're asking is whether it's going to lead to oversupply and lower rents or not.
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6 December 2024 | 3 replies
The more lead credits you purchase at once the more you save.
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7 December 2024 | 35 replies
At that time the lender gave you a fixed loan for a certain period of time with so much down and a certain amortization schedule.The debt service coverage ratio example.At DSCR of 1.25 means for every dollar of mortgage payment the NOI can cover 125%Your current lender back in the day might have done say for example a 1.10 DSCR ratio because absolute NNN and investment grade so perceived risk to them was low.
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9 December 2024 | 20 replies
As you note exiting any RE that does not have some appreciation of a significant amount over say a 5 to 10 year hold generally speaking is going to lead to a loss at sale.
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4 December 2024 | 17 replies
That’s 850K worth of debt.
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8 December 2024 | 8 replies
Also if it is intended to possibly be a rental you should calculate the end result of the acquisition, the debt service, the rehab, etc and pretend to get a loan to refinance. then look at the potential rent to offset that monthly cost and see if it would cash flow.
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6 December 2024 | 4 replies
We are currently considering a 1-3% "Finders Fee" for any deals that lead to close based on the ARV of the property.
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6 December 2024 | 3 replies
That could mean poor tenant quality, which could lead to them not paying or eviction.