
30 May 2024 | 93 replies
Single family prices have also benefits from a 40 year trend of declining interest rates as will they now be impacted by rising interest rates.

29 May 2024 | 9 replies
we want to entitle not build 4/5 communities to make maximum impact in columbus because the gap is so large for entitlement

28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

28 May 2024 | 2 replies
Also, based on the new regulations (1 of the 2 units must be owner-occupied), how do you think this will impact the home's value?

28 May 2024 | 5 replies
Another thing to consider is if the property and loan are in the LLC, not sure if it is currently against your credit and if you had to guarantee the loan but if you move it to your name now you have to include it in your DTI, so that could impact your borrowing ability

28 May 2024 | 25 replies
So they are trying to decide whether to pay the balance if say it's not paid by 5/30 so the bank doesn't take the house, and it doesn't impact the mothers credit.Unfortunately, that's all I know which is why I wanted to find an attorney to give him better guidance.

28 May 2024 | 15 replies
Focus on High-Impact Areas:Kitchens and bathrooms generally provide the best return on investment.

31 May 2024 | 149 replies
Again I am just providing feedback and don’t care if you buy 1 or 100,000 homes as it doesn’t impact me.

29 May 2024 | 30 replies
Unlike, an independent GC, who undertakes a broader array of projects, Curbio’s project experience will be more uniform and consistent over time (e.g. focusing on a core set of projects, with similarly attractive traits: impactful; reduced complexity; reliable sourcing; etc.).The “as-is” investor approach that you describe should work, as you would have all of the criteria necessary to be deemed a “qualified-prospect” for Curbio, e.g.: sufficient equity to cover a min $15K budget and ample up-side potential to deliver a sufficient positive ROI.

27 May 2024 | 7 replies
The shorter the prepayment term has an impact on increasing the rate.4.