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25 February 2024 | 25 replies
For other SFR purchases, I'm locking in the lowest rates in a lifetime for 30yr term.
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28 February 2024 | 130 replies
Also, there is the flexibility of being able to decide if you want to sell it along the way and not being locked it.
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24 February 2024 | 1 reply
Was wondering how wholesalers find deals and lock up a contract and then find a buyer.
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24 February 2024 | 5 replies
For one of my recent purchases, we locked in a 7.625% interest rate 30 year amortization with 0 points.
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24 February 2024 | 27 replies
I like it a lot more than Beyond Pricing - Get messaging automated (airgms, guesty, smartbnb, you name it) helps a ton - Automate checkin if you haven’t vía smart locks Feel free to DM me for more info and best of luck!
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23 February 2024 | 37 replies
Shop when you can actually lock.
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23 February 2024 | 14 replies
In a perfect world, your primary would be paid off and the only HELOC on it would be for peronsal emergency issues - job loss, medical, etc.Recommend you find a lender that finances rentals, get a refinance going, then watch mortgage rates for the next dip to lock in a decent rate and close.
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27 February 2024 | 2053 replies
But if you start shopping as soon as you get a contract for sale that can still give you 3 months or more to lock up your new property.
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22 February 2024 | 7 replies
Purchase price $53K cash, used LLC - Lesson learned with buying cash...killed my liquidity- 11 months in ownership the tenant destroyed the property, stole all the appliances and even stole the interior door, then locked me out of the property.- A year later I built up money for rehab (cash + busn credit card) - $30K - rehabbed the entire house, except the roof, windows and doors.- Property now rented for $1000 per mth- Current Value Estimates: Redfin - $114K, Trulia - $113K, Zillow: $113K; still doing research on comps because the area is hit and miss so last I saw was a projected $100K***************************************************************************************************************************- Navy Federal Credit Union say they can do 65% of original purchase price in cash out refinance - $34K- Hard-money lender offered $30K at 9.9% for 6 months as rehab loan, which I'd use to replace roof, windows, doors, and cutdown at few trees; then cashout refi for 50% of the appraised value between 6 and 9 % depending on personal credit.
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22 February 2024 | 6 replies
Just remember, if your broker locked you in for a rate.