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5 December 2024 | 34 replies
He had uploaded screenshots of his bank accounts.
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30 November 2024 | 2 replies
This means 20-25% for a down payment, and it has to be your money that you're using (verifiably in an account that belongs to you).Though there are programs that lend up to 90/100 to first-time investors, those programs usually don't work in Maine due to the rural nature.
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7 December 2024 | 35 replies
For example:- Lender drops the LTV to account for additional risk. - Tenant agrees to either start the loan with recourse, with it burning off after the extension is signed, or start the loan as non-recourse with a springing trigger if tenant does not sign the extension soon by a certain deadline. - Lender requires a heavy TI/LC reserve until the extension is signed.
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1 December 2024 | 1 reply
He has paid rent weekly via auto-deposit into my account for 24 months.
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28 November 2024 | 8 replies
A steady annual growth rate, diverse industries, and affordable living attract residents.
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3 December 2024 | 5 replies
However, after running the numbers accounting for insurance, PMI, taxes, vacancy, capX, property manager, etc. the property is estimated -1.85% cash on cash return (-$600/mo) once I fully rent the property.
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1 December 2024 | 91 replies
And with that, the investors have to hold themselves accountable for whom they selected, ever wisely or foolishly, to invest there $ behind.
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30 November 2024 | 14 replies
If market is $6K then you're not going to get a new tenant to pay 23% above market value for it, and I don't know any market in the nation growing rents at 23% annually.
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13 December 2024 | 32 replies
Every rich guy with a brokerage account at all time highs wants to "get into real estate" - too much money chasing not enough houses.
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25 November 2024 | 7 replies
How can I get comps, both sale and rent comps, for single and MF properties without having access to MLS? and without being a real estate agent. Any recommendation is highly appreciated. Than you