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27 August 2024 | 6 replies
Seems perhaps a little low -only say this because my 4bed in Arvada CO is about $290/mo and with the Boulder/Louisville fires a few years ago a lot of insurance has gone up like crazy in the front range.
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26 August 2024 | 20 replies
I've seen some good deals pop up lately as builders have been trying to sell inventory that has been sitting.
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26 August 2024 | 3 replies
I am interested in getting a better understanding of the Oklahoma wholesaling market, specifically the different neighborhoods/area, neighborhood pros/highlights/potential and cons, average/range of price point.
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27 August 2024 | 12 replies
Recently, buyer's agents have to jump immediately, each time a new listing hit, due to such limited inventory, huge competition, and listing agents not placing or honoring offer deadlines.
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28 August 2024 | 10 replies
Triad consists of 3 cities Greensboro, High Point, and Winston-Salem.This area has seen tremendous growth in the past few years and I can see a lot of out-of-state investors investing in this area.Here you can still get a nice 3 bed/2 bath new construction or SFH built after 2020 for the 270-300k range and expect to get it rented for LTR for at least 1800-2300/m.
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27 August 2024 | 2 replies
Hi @Rhea Jeong,The situation you're describing is actually pretty common, especially for first-time investors looking to maximize their purchasing power.You’re correct that some lenders will consider a portion of the rental income when determining how much you can borrow, typically in the 75-80% range especially for FHA loans.
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27 August 2024 | 12 replies
While most private lenders typically have seasoning requirements ranging from 6 months to a year for refinancing, even with a DSCR loan, there are some lenders who don’t have any seasoning requirements at all.It’s definitely worth exploring your options if you’re looking to access your cash sooner.
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28 August 2024 | 32 replies
I have seen areas like Cleveland and Dayton with COC ranging from 10-18% and Columbus is around 8-12% with strong growth.
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26 August 2024 | 44 replies
Upon receipt of these complaints I'll personally check the temp splits ("delta T") in several rooms to confirm they are still within the acceptable range.
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24 August 2024 | 1 reply
Right now, we’re looking at 4.66 Months of Inventory.