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17 December 2024 | 29 replies
We provide a fridge and a stove and also supply washer/dryer hookups but not the washer and dryer itself.As far as dishwashers go we only supply them in the better neighborhoods we have properties in where we feel the tenants have more of a likelihood to use them responsibly.
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19 December 2024 | 13 replies
I have found broker who will relay me borrowers' information, so I only need to find someone to borrow for low interest rate from.Any help will be much appreciated!
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19 December 2024 | 22 replies
This is especially true for the city and for most of the trendy neighborhoods.
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16 December 2024 | 43 replies
You decided to invest in a property in a low income market.
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16 December 2024 | 8 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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2 January 2025 | 37 replies
A lot (not all) of new people are so eager, but this is a bad time to be eager with high rates and low inventory across the country.
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19 December 2024 | 4 replies
The only people who succeed at birddogging are the ones who learn everything they can and know it's going to be a low-paid slog so they do the work hard and one day it changes because you have earned more.
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21 December 2024 | 7 replies
This would also allow me to keep my primary at a low rate loan.
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23 December 2024 | 15 replies
However, if your current interest rate is low, be aware you will be buying into a deal with much higher interest rate with today's rate.For your new purchase, you should be able to use a DSCR loan and get financing without income as long as credit is good.
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17 December 2024 | 12 replies
Speaking of loans... how much $$$ do you have liquid, what's your budget, and what neighborhoods do you want to buy in?