
21 October 2024 | 10 replies
I speak with a local real estate agent next week.

19 October 2024 | 16 replies
Granted 15 is a number pulled out of the hat so to speak.

17 October 2024 | 23 replies
I wouldn't call that a true "DSCR Loan" - especially considering that a ground-up construction property won't have any cash flow so DSCR would be negative or 0 numerator if you'd try to calculate it

20 October 2024 | 147 replies
There's no rule against promoting your "area" so to speak; if we made that a rule half the posts from realtors and turnkey operators would have to come down.

17 October 2024 | 1 reply
Start posting some ads and start having some conversations with these guys if you don’t get any referrals.you get a better feel when you speak with people one on one.

24 October 2024 | 139 replies
When you find your property and begin your contractor search, you should make sure you get recent references and actually speak with them.

21 October 2024 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

17 October 2024 | 22 replies
I don’t know about virtual driving for dollars so I can’t really speak to that other than to say that if the service you use is easily available to everyone else, I would imagine any leads are worked over and tone deaf to your efforts.

16 October 2024 | 10 replies
No idea at rent point but if actually get appraisal of $320k with high LTV extract, will require rent in excess of $3200 to not be negative