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6 November 2024 | 6 replies
What kind of tenant amenities can i implement there to attract a better crowd of renters?
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11 November 2024 | 6 replies
The reason you get the low down payment and the low interest rates are because you're personally guaranteeing the loan based on your stable income.
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12 November 2024 | 18 replies
60% LTV is not that low, particularly in a higher rate environment where the debt service coverage requirement (cash flow) is now limiting LTVs to 60-70% in many cases anyway.Separately, should be able to get a commercial loan with a rate in the 6s.
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13 November 2024 | 18 replies
Some are even offering interest rates as low as 4.75% for a 30 yr fixed loan.
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12 November 2024 | 2 replies
Hello @Roger Brittingham,Moving singlewides could be a great low-cost investment, but be mindful of these considerations:Moving & Setup Costs: Relocating singlewides can be expensive (transport, permits, setup, utilities).
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12 November 2024 | 15 replies
My issue with fourplxes is that based on tenant demographic rent per unit is quite low.
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6 November 2024 | 2 replies
Thanks for looking out for the "Starting out" crowd :)It's good advice.
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12 November 2024 | 0 replies
Low income neighborhood; save on taxes How did you find this deal and how did you negotiate it?
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12 November 2024 | 1 reply
While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.
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14 November 2024 | 13 replies
I also like your general rule about buying the worst house in a decent neighborhood, and it's been on my mind to do exactly that -- About a month ago, I placed a bid on a distressed house in a nice neighborhood, but my offer was too low and the competition was brutal.