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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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25 January 2025 | 6 replies
Analyze the property and determine what price you are willing to pay, then offer that amount.
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29 January 2025 | 32 replies
This reminds me of how Alex Hormozie describes "the value equation"; Experience in this case is the factor that determines the likelihood of achievement. 1,000%Alex Hormozie is one of the greatest marketers not just alive, but ever.
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27 January 2025 | 15 replies
So, normalize those values, the state each year will determine the ratio by which the assessment differ's from today's values.
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29 January 2025 | 40 replies
So obviously being in foreclosure, absentee owner, tax lien or any of such "distress" doesn't make you motivated.So what you need to ask yourself is "how do these software determine who or what is a motivated seller right?
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27 January 2025 | 12 replies
But if you are determined to do so, try to go for turnkey properties on the newer end - less maintenance which is good when you are investing out of state.
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21 January 2025 | 5 replies
Determine the price that attracts the investor, stop the bleeding and and move on.
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3 January 2025 | 5 replies
You cannot use comps to determine basis.
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20 February 2025 | 32 replies
Understanding your top priorities can help in determining whether Stessa, Baselane, or another tool might best fit your needs.If you're comfortable with apartments.co for rent collection but want higher yields on your cash (this is me reading between the lines) you could have the transfers go into a high yield business account like BlueVine 1.5% interest or something like CapitalOne 3.9%.
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6 February 2025 | 28 replies
Unfortunately, this kind of issue seems to happen more often than we’d like, especially with properties that have been operating in a way that doesn’t align with official records.I agree with others that working with a local architect and zoning expert is a great first step to determine if legalizing the property as a triplex is feasible.