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5 September 2024 | 11 replies
In short - in comes down to having a deep understanding of the hurdles investors face and being willing to put in more work than just saying "well, I submitted the file and the AUS/underwriter said no.
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5 September 2024 | 0 replies
The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.
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5 September 2024 | 1 reply
Driving for dollars can be an effective strategy the costs (gas, time, energy, materials) have to be added to the deal analysis.
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5 September 2024 | 14 replies
., if you want to " test drive" prospective custodians/ advisors before you buy, design questions based on your concerns and then call each one with questions based on those concerns.Ask each one a tax question about a prohibited transaction.
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5 September 2024 | 9 replies
Is that the best to start or should I aim to be driving for dollars and be a wholesaler one day?
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4 September 2024 | 14 replies
Their analysis is based on the growth of the larger metros throughout the United States that drive regional tourism into various vacation rental markets.
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5 September 2024 | 8 replies
Here's the address: 10024 Strong Drive, Huntsville, AL.
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4 September 2024 | 11 replies
I would do a deep dive into the market and determine whether you think it will continue to appreciate.
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2 September 2024 | 3 replies
While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.