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3 December 2024 | 10 replies
Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.
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30 November 2024 | 6 replies
However, if you need more flexible terms then look for a local mortgage broker who has access to a lot of companies offering HELOCs with most having more flexible terms than local credit unions.
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2 December 2024 | 5 replies
So basically his audience seemed to be somewhat employed by a company, etc.
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2 December 2024 | 1 reply
Since most of the homes that flooded took on electrical damage, you will almost certainly need to file a permit to do renovation as you will need the electric company to shut the power off, provide temporary meters, and turn the power back on.
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17 December 2024 | 86 replies
Gross revenue varies depending on management company.
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1 December 2024 | 25 replies
Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
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27 November 2024 | 6 replies
I have a management company.
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3 December 2024 | 7 replies
Explore county auction websites, local investor meetups, and property management companies for leads on multi-family opportunities.4.
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28 November 2024 | 3 replies
I specialize in getting foreign investors started in Dubai and work with seasoned local companies who handle everything from start to finish.
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28 November 2024 | 5 replies
Add "Continuity of Obligation" between the note bearer [Me] and the mortgage company to prevent "Due on Sale Clause"Suggestions?