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Results (10,000+)
Thu Pham Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
One you have furniture right there ready to go but if you want to make some kind of major design change, then just let it go and get to work on the new look.
Ana Maria Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
To me that is requires major compliments, and the review I posted is not appropriate.They really are going above and beyond in this circumstance and its not fair to them to keep this post online just because I wasn't able to reach them and discuss this over the weekend right after new years.PLEASE reconsider taking the post down.
Peter Firehock Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Major employers like JP Morgan and AT&T are pushing for these policies as well, and specifically in the D.C. region, Amazon HQ2, the Washington Metro Area Transit Authority, and the Executive Branch of the government have required all employees to return to work 5 days a week at those locations.Fundamental Lack of Residential SupplyAnother interesting driver of demand is the fundamental lack of supply of housing stock due to the fallout effects of the 2008 housing crisis, slowdowns in housing construction during Covid-19 primarily in 2020, and a good amount of 2021 from supply chain issues, labor shortages, and rising construction costs.
Andy Wang Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 6 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option. 
Davis Barnes South Carolina Investors
25 January 2025 | 58 replies
I have visited Greenville and I have witnessed major growth.
Pamela Rivas Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
Presumably because the overall majority of BP members invest only and the US and they're smart and well educated and can tell when people are trying to genuinely help them or are motivated by trying to get business from them.2.
Justin Treaster Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
I still am on the lists of all the major wholesalers and still show up to showings occasionally on properties that might have enough margin for me but have not purchased recently from a wholesaler.Just like Adrien says, they provide a service of marketing and negotiating contracts for you.
Brad Roche FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Joanne Quezada Room Rental - 4/2.5
9 January 2025 | 1 reply
I’ve been around real estate for decades, and I read in The Economist once that in lively markets like Charlotte, folks will pay a premium for a comfortable room if you’re near major employers.A friend of mine tried something similar out in Austin a while back.. he’d inherited a 4-bedroom property and split it into individual room rentals.
Heather Bailey Insuring your House Hack
13 January 2025 | 6 replies
The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented.