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Results (10,000+)
Laura C. Wholesale Friendly Title Company in Central PA
17 December 2024 | 11 replies
Does anyone have one they recommend?
Stanley Ugwu Happy to be here
19 December 2024 | 12 replies
I'm open to any advice and resources you'd recommend for beginners.
Denise Evans Identify All Acquisition Costs Before Buying
20 December 2024 | 2 replies
Buyer-paid real estate agent commission (Yes, I recommend buyers have their own buyer's agents.
Jeff Shaver Need Advice on how to best use my equity.
23 December 2024 | 15 replies
I would recommend looking through in DSCR loans. 
Justin Jefferson Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Chas Lumley Recommended documents before making an offer.
11 December 2024 | 5 replies

Hello all,I'm looking to make my first offer on a duplex and I'm needing help deciding what to request now vs what can wait until the due diligence period. Is it reasonable/expected to ask the seller to provide all th...

Marshall Robins How often does your Property Manager suggest/advise income opportunities?
18 December 2024 | 9 replies
In other words, how aggressive are you in recommending things like: "Hey mr.
Peter W. Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
However, I'd recommend discussing this with a knowledgeable mortgage broker to confirm the specfic terms based on your lender's guidelines.I once worked with a client who had a similar idea in San Diego.
Jacob Thorpe Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
I do, however, recommend getting a hotel.  
Franky Na Canadian looking for mortgage options for US property purchase options
17 December 2024 | 3 replies
You'll have all amortization options, but the most common will be 30 year fixed and that's generally the recommended one.