
11 December 2024 | 15 replies
They are unparalleled and I gain so much from them!

6 December 2024 | 15 replies
Thanks for the insight.

7 December 2024 | 150 replies
@Dion DePaoliHard to put an exact cause to the big gains, other than we are students of our business.

3 December 2024 | 7 replies
Quote from @Christopher Allen Main: @Nathan Gesner, Looking at fileplace, is there a way to gain access to the full repo so I can download it all it for training my AI?

4 December 2024 | 5 replies
Feel free to reach out if you need any insights or assistance with DFW properties.

5 December 2024 | 4 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.

4 December 2024 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

4 December 2024 | 2 replies
We’d deeply appreciate any advice or insights.

5 December 2024 | 5 replies
But it’s unclear if this applies to HomeStyle loans specifically, given the initial renovation appraisal already accounted for these improvements.I want to know if anyone here has been successful in getting PMI removed under similar circumstances or has any insights into the specifics of Fannie Mae’s policies for HomeStyle Renovation loans.
5 December 2024 | 11 replies
It has gained a lot of interest from millennials and Gen Z in the last few years in particular.