Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Here’s what to consider:Equity Pull: Lenders will generally allow you to cash out a percentage of your property’s appraised value, typically 70%-75% loan-to-value (LTV).If you have $60k in equity, ensure the appraisal supports your valuation.Commercial Loan Terms:Rates may be higher than your FHA loan.Terms are usually shorter (e.g., 5, 7, or 10 years with a balloon payment or amortization up to 25 years).Debt-to-Income Ratio (DTI): Moving the loan into your LLC and using commercial financing will free up your DTI, as the debt will no longer report under your personal name.3.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
So it becomes a 5 steps forward, 3 steps backwards process.I've done the math with a very high percentage rate on the HELOC, and you can easily pay off a 30 year mortgage in 10 years, but you HAVE to treat it like a checking account.
Mike Miller
Any Cloud Brokerages that Do Not Require You to Join a MLS?
14 December 2024 | 36 replies
You can agree to represent yourself and reduce your offer by the percentage that the buyer's agent would get.
Nelson Badillo
Need advice on Housing Choice Voucher Program (Formally known as Section 8)
3 December 2024 | 6 replies
There's not a good reason to not ask for the allowed rent, the tenants portion generally is based on a percentage of their income not a percentage of rent.
Kyler Berry
Land development in Mapleton/springville
2 December 2024 | 7 replies
- **Percentage of Profit**: Some developers or engineers might be compensated with a percentage of the project's profit or the gross revenue, typically ranging from 10% to 30%
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
When those get public news attention, it will look real bad but again would not be a fair representation for the coins in any significant percentage.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Again, I don't know if the Philadelphia assets I've observed with questionable values are REIT owned, and if so, make up a significant percentage of the REIT portoflio, but if they are that is a serious red flag.
Silas Melson
Turnkey Investing Concerns
3 December 2024 | 16 replies
Are they flat fees or percentages?
Marci S.
Raising Capital for Operations Expansion - How to Structure?
2 December 2024 | 2 replies
I would suggest looking to bring in a partner and give them a percentage of equity for the $.Another option is to take profits from flips to grow or look to sell some of your rentals to grow as well.
Cole Farrell
Starting with a SFR is a mistake - prove me wrong
5 December 2024 | 6 replies
So those fixed costs, like calling a plumber or replacing a fridge, are going to cost more, as a percentage of your rent, to handle.