
31 January 2025 | 2 replies
That was an excellent non-answer to my question, Skyler. hihi :)No they are not all the same. some are only interested in dealing with conventional purchases other are as you say better at handling assignments or double closes, some are commercial specialty, etc....A investor friendly one would be, at least from my point of view, one that understands there may need to be some last minute wheeling, dealing, and adjustment made to close a deal, understand what needs to be done and do not freak out about creative deals.Maybe my understanding or thoughts are wrong but that's what I meant by investor friendlyregards :)

6 February 2025 | 6 replies
Hi @Jinxiang XuFoundation repair is common but no pipeline replacement, it depends on the age of the property, but in your situation it could be due to the foundation work done.Service prices are in all ranges.

13 January 2025 | 13 replies
After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2.

6 February 2025 | 9 replies
Short and sweet here: There are no true DSCR HELOCs.

31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.

28 January 2025 | 16 replies
I'd be a hard no in their position.

29 January 2025 | 16 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

5 February 2025 | 6 replies
Most importantly, enjoy the journey and celebrate your achievements, no matter how small they may seem.

29 January 2025 | 4 replies
So no leasing agent, no maintenance.

30 January 2025 | 8 replies
There's no doubt you'll find success over time!