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14 November 2024 | 5 replies
IE if you are wanting to wholesale which I don;t reco today, its too hard, you want a list of high equity owners BUT BUT the value is in figuring out a source of stress, a reason why the owner is on the virge of wanting to sell.
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18 November 2024 | 9 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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16 November 2024 | 11 replies
When I do it for me and my clients, we go very conservative to give better expectations of the transition process, than if it goes better, great!
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17 November 2024 | 7 replies
In that case expect to give up around 90% of the ownership interets as well
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17 November 2024 | 8 replies
These days, I'm only doing 1-yr prepay DSCR loans anyway because I expect rates to go down to where I'd want to refinance within 2 years.The other thing I did was beef up the monthly rent so that I could better qualify for the DSCR loan (but you need to use a lender that uses actual rents instead of market rents).
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16 November 2024 | 5 replies
That is to be expected and it usually falls within the acceptable rate at the time.
19 November 2024 | 15 replies
It could be real and if so, you acted on it when you knew about it so I don't know how anything else could be expected, but liability is a different story.
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19 November 2024 | 11 replies
The hold time is 1-4 years but expected to be done in 3 yrs.
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18 November 2024 | 11 replies
Austin has become a pricier market, so seeing BRRRR-ready properties in the $250K+ range is expected here.
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17 November 2024 | 18 replies
One of the most important things you can do is set expectations.