
17 December 2024 | 11 replies
Does anyone have one they recommend?

19 December 2024 | 12 replies
I'm open to any advice and resources you'd recommend for beginners.

20 December 2024 | 2 replies
Buyer-paid real estate agent commission (Yes, I recommend buyers have their own buyer's agents.

23 December 2024 | 15 replies
I would recommend looking through in DSCR loans.

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.

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...

18 December 2024 | 9 replies
In other words, how aggressive are you in recommending things like: "Hey mr.

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.

28 December 2024 | 8 replies
I do, however, recommend getting a hotel.

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.