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6 January 2025 | 11 replies
Essentially 100% financing leaves no margin for error.
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2 January 2025 | 4 replies
Look into seller financing or subject to properties in the area that you want to purchase.
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19 January 2025 | 51 replies
I tried to track finances on both Stessa and Hemlane.
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6 January 2025 | 4 replies
Look for properties where you can add value with smart, targeted renovations rather than going overboard.Financing Strategy: Since you're aware of the leverage risks, keep your financing options flexible and conservative.
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4 January 2025 | 7 replies
Have a few arms due in about 5 years..those I will finance to fixed rate as rates lower.
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5 January 2025 | 23 replies
Im working on getting a duplex within this month using creative financing.
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6 January 2025 | 5 replies
Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!
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6 January 2025 | 7 replies
Fix and Flip -Requires a minimum down payment of 10% with 100% of the rehab financed.
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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.