Brian King
New to the Real estate game
19 January 2025 | 21 replies
I currently have a lawn care business that I run myself.
Abdul Hafeez Jamali
Lenders for foreign national investors
12 January 2025 | 17 replies
I'm a foreign national and I'm currently closing on a cash out refi for a duplex (commercial loan) and I'm looking at 5.375% on a 30yrs fixed and 65% LTV.The rate, buydown, loan type... will vary depending on the deal you are looking at, but as foreign national I have not been able to find any broker / lender that will go higher than 65% LTV so that's most likely what you can expect.Good luck!
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
Hi Griffin,After investing in 30 rentals, I’ve found that decisions like this come down to whether your current return justifies keeping the property.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
22 January 2025 | 9 replies
Currently, I have 11 doors under contract.
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
My wife, Elsa, and I grew up in the western suburbs of Chicago, but we currently live in British Columbia, Canada.
Paige Seeley
Funding for a portion of a down payment
15 January 2025 | 6 replies
The triplex is occupied and currently bringing in positive cash flow.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
Ask to speak with some of their current owners and current/former tenants.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Matt Streeter
Land Subdivision capital gains
13 January 2025 | 0 replies
We are currently under contract on one of the lots.
Pat O'Connor
San Diego Property Managers
22 January 2025 | 3 replies
Ask to speak with some of their current owners and current/former tenants.