
3 December 2024 | 7 replies
But 3) Try multifamily specific brokers, crexi and loopnet, although 2-4 units maybe scarce. 4) A home equity line of credit is a good source of funds however it will generally make your overall monthly payments higher, so unless a deal is very solidly cashflowing, a HELOC may put you into negative cashflow. 7) Typically electric/gas are paid by the tenant - however this isn't true across the board.

5 December 2024 | 15 replies
They’re more open to working with you on the loan structure, but as a smaller funder, their rates might be slightly higher compared to others.New Silver: Great for scaling quickly with tech-driven solutions.

2 December 2024 | 10 replies
You can find all that at various price points, not just higher end.

4 December 2024 | 6 replies
Might make sense to have a in depth conversation with a Banker to run the numbers on a Fannie Mae 5% down versus an FHA 3.5% with the higher MIP.

3 December 2024 | 0 replies
Interestingly, right after accepting that offer, another buyer reached out with an even higher bid.

7 December 2024 | 25 replies
It is close to the downtown area but the majority of area is bigger lots and on the other side of a prominent hill that gives it a more out in the country feelFoothills is the most exclusive areas with higher price points and lots of upper end shopping and diningMarana and Oro Valley are the newer "suburban" areas of Tucson that have the laid back walking and biking paths, golf clubs, snow bird / retiree type activities that draw visitors in and then get hooked and eventually buy homesIf you haven't tried Tucson yet, there is quite the variety and with snowbirds leaving, there are plenty of current STR's ready to host you as the summer warms up.

2 December 2024 | 1 reply
Over the whole year we have had higher listings than the previous year (the last several years have had lower and lower inventory each year).

4 December 2024 | 5 replies
The suburbs in Philadelphia also great investments but typically the price points are a bit higher.

3 December 2024 | 3 replies
You can often charge a higher rate and/or deposit.

2 December 2024 | 10 replies
If you are a new investor they will still will work with you but due to being new you will pay a higher interest rate and more points than an experienced investor.