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Results (10,000+)
Louis Hamilton HELOC Best Option - Rental Property
15 January 2025 | 6 replies
While rates can be higher, they are efficient for temporary needs.2.
Christopher Morris Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
But I did not like what I saw, anything under what Costar would rate 4 stars did not appeal to me. 
Desiree Board Advice for a new long term rental investor
3 February 2025 | 27 replies
Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.
Kris L. Selecting the right agent
26 January 2025 | 12 replies
I’d rate this as a 3 out of 10 in terms of the best time to sell—it’s not the worst, but it’s not ideal either.Hope this helps!
Mackaylee Beach 2024 was a great FLIPPING year
15 January 2025 | 2 replies
Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price. 
Alec Barnes How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
To avoid scammers and fraudulent paystubs, I contact the applicants place of employment directly to verify that the paystubs are accurate, the company is legitimate, and the duration of the applicants employment.Why do you need TWO YTD paystubs?
Tayvion Payton Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 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%?
Sam Chicquen Creative Financing & Seller Financing?
28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
James Tobin New to Real Estate, looking to get into the market in 2025
17 January 2025 | 17 replies
I will message you his contact info.