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15 January 2025 | 7 replies
It is a violation of the HAP contract to charge more rent for voucher recipients than market rate tenants.
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10 January 2025 | 5 replies
For multifamily or commercial, the rental rate impacts the value of the property.
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15 January 2025 | 15 replies
I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.
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14 January 2025 | 8 replies
But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)
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10 January 2025 | 12 replies
Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.
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13 January 2025 | 2 replies
With your brother’s $50K equity already in the property, this should make the loan-to-value ratio favorable for refinancing.HELOC monthly payment on $68K: ~$300 (depends on your rate and term).Lease payment from brother: $800/month.Future mortgage (refinance $68K over 30 years at 6%): ~$400/month
9 January 2025 | 7 replies
A DSCR loan only removes the income piece and adds a slightly higher rate and prepayment penalty.
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14 January 2025 | 9 replies
It’s all about what will draw guests in and make them choose your listing over others.2️⃣ Standout Amenities: Rentals that offer something extra, like a hot tub, game room, or eye-catching design, often attract more bookings and higher rates.
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14 January 2025 | 6 replies
Memphis is a market where BRRRR is possible, but with rates going up again, it's not a great idea.
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11 January 2025 | 15 replies
I heard but don't know the veracity of this claim, However FLA suffers from a lot of fraudulent claims there by also causing rates to be higher..