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13 January 2025 | 1 reply
Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.
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4 February 2025 | 17 replies
The advantage, is that the buyer can wind up with a lower interest rate and instead of a 30 year loan, they have only the remaining number of years the original borrower hasn't yet paid down.3.
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14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
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11 January 2025 | 7 replies
Given the lack of activity / buyers in the market at this time with rates, would you reccomend holding and renting it until the market is better to sell in?
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9 January 2025 | 6 replies
There are plenty out there with fair rates and lower fees.
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10 January 2025 | 3 replies
Click-through rate (CTR) helps measure how effective your ad is at grabbing attention, and if it’s low, you might need to adjust your targeting or creative.
11 January 2025 | 12 replies
If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.
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29 January 2025 | 107 replies
Rent's have continued to appreciate and when recently had vacancy upcoming I had it rented in 17 days, kid you not, weeks before exiting tenant was out making for a nice 0 vacancy rate.
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9 January 2025 | 5 replies
Based on what you've told us, your rate should be at prime (7.5%), unless you are over 80% LTV, then it would be prime +1.Jeff
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14 January 2025 | 11 replies
.#2 What about the best focused coaching program that covers Wholesaling.Also, is there a list where these REI coaching programs are listed and rated?