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1 January 2025 | 12 replies
If the property requires rehab, the Realtor and/ or Mortgage Broker will suggest applying, for a FHA 203k Loan.
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2 January 2025 | 8 replies
See source: https://www.veteransunited.com/valoans/occupancy-requirement...
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12 January 2025 | 25 replies
Finding off-market deals and putting a fair bit of work into them.Our typical deal today we're doing goes for a purchase price of around $50,000 - 60,000 and will require $20,000 - $30,000 in rehab.These are general averages, of course.Then you're seeing appraisals in the $90,000 - $120,000 range.
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5 January 2025 | 33 replies
Looking forward to the journey ahead....In my experience, very few properties in Ohio are strictly required to operate as Section 8 rentals.
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29 December 2024 | 12 replies
I was thinking the same thing about requiring 1-2 points upfront and 15% return.
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26 December 2024 | 8 replies
From there, it requires the ability to conduct underwriting the highest and best use of a planned project, which requires a pro forma built by the user or acquired from a competent 3rd party.
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26 December 2024 | 1 reply
It requires careful planning and diligent execution.
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3 January 2025 | 10 replies
Something that requires heavier rehab, or just cosmetic?
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7 January 2025 | 22 replies
Real material cash flow is basically 50% of your net income.Cash flow is a metric that requires a debt ratio.
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27 December 2024 | 8 replies
Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance!