
21 July 2024 | 2 replies
I've heard that the down payment percentages for investment properties can be higher compared to primary residences.Specifically, I'm looking for insights on:The typical down payment percentages required by conventional lenders for investment properties.Any differences in requirements for single-family homes versus multi-unit properties.Experiences with different lenders and any recommendations for those offering favorable terms for investment properties.Any tips for negotiating better terms or finding lenders with more flexible down payment options.For context, this will be my second property, and I have a good credit score and a stable income.

22 July 2024 | 0 replies
Occupancy rates remained robust at 74.1%, outperforming the national average by 0.9 percentage points.Asking and Effective Rent (ADR and RevPAR)ADR for all tiers is projected to grow steadily over the next few years:- 2024: $193- 2025: $197- 2026: $200- 2027: $204- 2028: $209RevPAR is also expected to show consistent growth:- 2024: $155- 2025: $160- 2026: $163- 2027: $166- 2028: $169Upper-tier properties command a significant premium, with ADR forecast to be $233 in 2024, compared to $122 for lower-tier properties.
22 July 2024 | 7 replies
What do you think about the area compared to Saint Petersburg?

23 July 2024 | 13 replies
If they report to the credit bureaus it will affect your DTI as your DTI is calculated based on what's on your credit report compared to your income.

24 July 2024 | 10 replies
I've definitely noticed sellers asking more than what it is actually worth when compared to another property in the neighborhood that has been rehabbed better.

22 July 2024 | 9 replies
The lesson here is when you are shopping for rates you want to do it as close to each other as possible to make sure you are comparing apples to apples.

21 July 2024 | 18 replies
Since I’ve always owned single family houses I don’t have experience on whether or not these type of properties are a good investment in comparation with regular homes.

22 July 2024 | 9 replies
DSCR lenders will close in an entity, allowing more protection for you, and the industry has become super competitive compared to conventional.

22 July 2024 | 17 replies
Then, I plug the applicants into a spreadsheet so I could prove that I compare each applicant the same.
22 July 2024 | 13 replies
Hi @Ryan Nelson ,You If your house is listed for $100k and the agent wants you to pay their commission for bringing the buyer, counter their offer with either:Rise the price to offset the cost of commissionsYou agree to the agent's offer and you pay the commissionYou don't sell to themHow valuable is it to you to sell quickly for higher (gross) dollar compared to waiting for a different buyer willing to pay their realtor commission?