
5 December 2024 | 48 replies
@Ramada Evans- 1) if buying as a rental and financing it - your down payment will need to be a min of 15% of the purchase price ( so thats either 30,750 at 205K price or 32,850 at the 219K price ...so not much of a down payment difference 2) if it appears that there isnt much competition or interest in theproperty - the lower price might be OK 3) you might also consider asking the seller for a seller credit you can use towards some of your loan costs 4) get pre approved if you arent already pre approved

30 November 2024 | 4 replies
Since yours is only water and heat I would recommend you charge 50% and lower the rent cost rather than factoring it into the rent price.

30 November 2024 | 6 replies
Competition is much lower this time of the year and the election has further slowed down the market, which creates opportunities for savvy buyers.

4 December 2024 | 31 replies
The effort level is lower to sell than to BRRR, because you don't have to rent or refinance the property.

2 December 2024 | 21 replies
My most recent look indicated that the DSCR rate was actually lower than the one at my bank but would have required a 35% down payment in my particular situation.

5 December 2024 | 34 replies
Actually I do have the comparables since every year I have fought with the county to lower my property taxes :)!

27 November 2024 | 9 replies
But these do have drawbacks, typically in lower LTV, prepayment penalties, etc.

27 November 2024 | 0 replies
- get into real estate with a lower rate and lesser percentage down payment.

1 December 2024 | 21 replies
Many investors are attracted to lower price points but end up losing money because cheaper properties are higher risk (not good locations, rough tenants, lower quality construction, etc.).

29 November 2024 | 11 replies
If its short term lower occupancy go for a smaller machine if it is larger occupancy you want a big machine.