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17 December 2024 | 20 replies
Fed decision imminent with 98% chance we have a 25bps reduction per CME watch tool.
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15 December 2024 | 59 replies
Here are two deal diaries of such setups -- one, a young couple who were living there and renting the place by the room, and the other, a young couple who were off-site but still rented by the room.It can certainly be done and is a great way to get your first place, have mortgage reduction (maybe even cash flow), and get some landlord experience.
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7 December 2024 | 8 replies
I recently sold a house and they had a home inspection and they came back with a list and I simply told the buyers , No to any price reduction or the "repairs" .
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9 December 2024 | 20 replies
Using your $100K example, the 6% seller assist is far more valuable to this buyer than merely reducing the purchase price by $6K because the 6% seller assist is a $6,000 reduction in funds required to close whereas reducing the purchase price by $6K equates to less than a $200 savings (2.5% down payment + some incidentals).
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10 December 2024 | 39 replies
There is a lot of weight on marketing, and a lot of inputs to that cycle.
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4 December 2024 | 4 replies
If it is block construction the engineers will make you beef up the slab and add piles to support the new weight of the second floor.
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5 December 2024 | 7 replies
If you are willing to wait we are most likely going to see 100 basis point cut over the next year and a reduction in the spreads that lenders are working off of.
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3 December 2024 | 0 replies
After weighting all of that, does it make the most sense to try to keep this tenant in place?
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9 December 2024 | 9 replies
This reduction in access is what the compensation was to be for and tenant complaints will be many and with creative language.
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4 December 2024 | 6 replies
In the limited instances where I do collect a fee on the purchase I often roll it into the deal and take price reduction.