Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
I wish you the best of luck building your business on another platform.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
Hey @Dalton Foote - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
Taylor Jernigan
Looking to Connect with Private Real Estate Lenders – Any Recommendations?
6 January 2025 | 3 replies
Seems doable, depending on a few factors will determine what the right product is for you.
Dayana Castellon
AI Innovation and useful
29 December 2024 | 7 replies
The biggest impact AI has in our business I believe is follow up re-engagement and appointment setting.
Christin Milton
Hello Real Estate Family!
3 January 2025 | 7 replies
I'd love to connect and see what products you have to offer.Cheers!
Breeya Johnson
Growth Markets in 2025 - Where are you investing?
7 January 2025 | 22 replies
And I think a lot of companies will realize that productivity is generally higher in cooler climates.
Sundone Boutvyseth
First investment property for less than 10% down
31 January 2025 | 22 replies
The only product I have seen is the MACU 10% for a non owner occupied.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
This halts production for anyone that is that far along - you can't just pick up trusses at your local hardware store - they are engineered for the job via the plans.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
The PM business has been good to me and my family.