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21 May 2024 | 4 replies
Some lenders can refinance a hard money loan after 3 months of seasoning / waiting and use the new appraised value if the borrower is looking to pull cash out for a new project.
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20 May 2024 | 17 replies
Conventional loan, excellent credit and reserves, nothing owed on the property and the property is seasoned.
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21 May 2024 | 3 replies
I learned that April and May are seasonally slow for rentals, since most people seem to move in the summer, and also that the market here in Wesley Chapel, FL is a bit saturated with excess inventory from all the new construction activities in the area.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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21 May 2024 | 4 replies
If you want to check out market data, head to websites like Realtor.com, Zillow, and Redfin, and partner up with seasoned agents who focus on multi-family properties.
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21 May 2024 | 53 replies
As a lender using cards is fine just make sure you have the funds seasoned (2+ billing cycles) in your account prior to engaging into a loan transaction because funds sourced from an unsecured source cannot be used as down payment or closing costs.
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18 May 2024 | 14 replies
., well I guess you need to ask yourself is it less work to clean up after guests in the off season than high season?
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20 May 2024 | 2 replies
**: Whether you're a seasoned pro or just starting out like me, I'm excited to chat and explore the world of real estate investing together.
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20 May 2024 | 8 replies
The big differences are that RV parks are typically amenity rich which requires more overhead, can be seasonal in nature (but not always), require a nearby destination to work well (as opposed to employers), and use values that are typically 2 points higher in cap rate.
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23 May 2024 | 80 replies
Specifically, really steep roads will interfere with your Winter-season rentals and can even be an issue in the Autumn with the rains and leaves.
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20 May 2024 | 17 replies
What is interesting is that my property is booked almost entire February and March which are off-season in Sedona but quite open in April and May which are peak-season.