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Results (10,000+)
Marcus Watson Trying the BRRRR in the Detroit Market
11 June 2024 | 7 replies
How often is this list updated?
Gerilyn Bristow Royal Legal Solutions Texas
12 June 2024 | 47 replies
I think it's a solid strategy that offers ample benefits.
AJ Wong Overcoming STR search regulations, frustrations and hesitations: There is no STR Hack
11 June 2024 | 1 reply
Cities and counties are constantly updating their policies, waitlists or processes and eligibility will likely be the key ingredient to desired usage.
Alesha nicole Bruneski What is an appropriate price per door for a quadplex outside of Tampa in Spring Hill?
10 June 2024 | 1 reply
The roofs were updated in 2021.All units are currently occupied on month-to-month leases, with three tenants paying $1,425 per month and one tenant paying $1,300 for handling lawn care and maintenance.
Audrelyn Grace This was a complete remodel. Property was taken from BLAH to WOW!
10 June 2024 | 1 reply
Everything was original and needed updating to make it appealing to current buyers.
Clayton Jeanette HELOC on Owner Occupied Triplex
11 June 2024 | 16 replies
as Update to this post from 6 years ago, there are heloc's on owner occupied 2-4 unit properties up to 89.90% CLTV or combined loan to values (meaning multiple loans but all together not exceeding 90% of the value).Terms typically areinterest only first 10 years and drawable from the lineyears 11-30 its Principal and interest payment Prime index/rate + margin (this portion is fixed but prime is not)underwriting is done assume prime + margin + 2% stress test for underwriting meaning if your prime + margin was 10% then your underwriting rate used to determine your maximum line you can qualify for would be 12% rate as an example based on principal and interest payment over 30 years or 360 monthsIncome is the main determinant of your qualification and fico min 680+ is just the min score to get through the "front door,"Maximum DTI or debt to income allowed is 45% DTIMaximum lines on this product go from 500-750k so you can get a decent line size that can actually buy other BRRR's or fix flips and deals.
Ashley Wilson Multifamily & Market Cycles: How to Time the Market
10 June 2024 | 6 replies
Structure the acquisition properly, proper leverage on fixed rate debt, ample cash reserves, and run the asset professionally.
Alex Johnson Choosing a Rental Market- Analysis Paralysis!
13 June 2024 | 29 replies
I'd love to hear any updates
Julie Muse N Deerview Drive Flip: Major Profits in Lake Villa with Mike Hardin!
11 June 2024 | 0 replies
These updates modernized the property, improved its curb appeal, and significantly increased its market value.