
31 October 2024 | 44 replies
I can't decide whether to be aggressive on buying and paying down one or spread on a couple and pay down slower.

4 November 2024 | 7 replies
If you're getting back into the lending game for long-term hold investors, a realistic “ideal” loan might look like this:Rates: Somewhere around 6-8% interest, depending on the risk profile of the borrower and the property.LTV: 70-80% LTV is solid, especially if you're aiming for lower risk.Term: 5-10 years works for LTR investors who want stability.Fees: Reasonable origination fee (1-2%) is expected, but avoid nickel-and-diming borrowers with hidden fees.Prepayment: A soft prepayment penalty could be fair if paid off in the first couple of years, but after that, no penalties.Speed: Being able to close quickly (within a couple of weeks) would be a huge plus.In short, give investors a competitive rate, decent terms, and flexibility on prepayment, and you’re golden.

6 November 2024 | 7 replies
@Jonathan Umana First a couple questions.

6 November 2024 | 10 replies
Let me know your thoughts...I think it could be a good time to do a fix and flip (start the process in the next couple of months and sell in March/April).

4 November 2024 | 2 replies
You could maybe have a couple of related or satellite nitches....but you're not going to be able to be successful in ever CRE asset class.

5 November 2024 | 28 replies
Couple of things I looked out for:- Area, make sure it's somewhere that will have stable demand- I stayed away from homes that had a lot of renovations that were needed- During the tour see if you can spot basic issues like if wiring is old or how new is the HVAC system, etc. - If you decide to keep the tenants that are already there see how well they keep the place

5 November 2024 | 8 replies
I went to high school in Bloomington before i moved to Utah but i havent been back there since. my uncle lives there and he has a couple of multi-family rentals so i wanted to get a little more info on how the area is doing.

4 November 2024 | 9 replies
It was the owner of the house and a couple of neighborhood teens who handled the demo and clean up.

1 November 2024 | 6 replies
We are less susceptible to economic down turns because everyone here is a GS-15 married to a Booz Allen contractor and they will keep getting paid by the government regardless of what happens in the real economy.

4 November 2024 | 7 replies
I have a place in Reston listed in Zillow & furnished finder for couple of weeks.