Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
This is going to be an issue with the majority of commercial lenders, not specific to Kiavi.
Bekah Estes
Best rehab loans
25 January 2025 | 4 replies
As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
After I got an LLC set up, I was set up with a credit coach and he is helping me get my corporate credit set up.
Jon R.
Anyone with furnished rentals in Syracuse suburbs?
22 January 2025 | 9 replies
I'm curious what the demand is for midterm rentals...outside of major metropolitan areas.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
If my client wants to pay it its up to them but I wont.. two reasons one is personal I feel most sellers this is there only asset or majority of their net worth and its just unconscionable but 90% of wholesaler frankly its about them they could careless and I know others will get on here and say they are not that way.. but as one who funds these deals probably over 100 deals a year with a wholesaler fee on it..
Lauren Ruppert
How do you get a spouse's name off of the property if divorcing?
25 January 2025 | 5 replies
She didnt, and two weeks after going under contract, we got a credit-monitoring notification that this mortgage had gone delinquent.
Matt Tortora
What are some good multi-family markets in Georgia and the Carolinas?
29 January 2025 | 7 replies
The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.