2 weeks after joining, i got my first deal.

Unfortunately, I lost both my father and a close mentor within the past six weeks, and each left me significant real estate and some cash/investments.

The last big name that I knew that went up to 80% on anything was CIVIC and they are not doing new loans as of last week. 75% is seemingly a good target on a cash out refi for a DSCR loan, assuming credit is good and the property cash flows well. 

See map below.Mortgage MarketAfter a big move upward last week, average 30-year mortgage rates were roughly steady at around 6.60% this week.

If you read the original post and watch the video recording, I was never out to get ReafCo, I was providing sound coaching advice in a humourous fashion and it was backed by many, many people messaging me about them.

Pete area in the next 4-9 months but have been watching supply and days on market steadily increase and asking prices drop on a weekly basis.

Buying in an HOA especially at that price point that will prove to be a good performing asset will be very difficult.I curate a weekly list of the best performing STR properties in the Tampa Bay area - DM me if you would like me to add you to the list.  

If anyone has recommendations for free resources—whether it’s books, websites, videos, or anything else that could help me sharpen my skills—I’d really appreciate it.

There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.