Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
The two 4-bedroom units even have two full-size washer and dryers each!
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
You will not get a large enough sample size to have reliable information.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
This is largely due to the fixed nature of ongoing maintenance costs, which become proportionally more impactful as the park size decreases, thereby inflating the expense ratio.
Rich O'Brien
I’m losing a house to unpaid property taxes. Need help
29 January 2025 | 19 replies
Hard money lenders have a good amount of flex when it comes to FICO score and typically the main issue that borrowers with low FICO's have is that their max loan size gets cut which doesn't seem to be an issue here.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
You could tell them to cancel the listing and you will find someone else to list it after a month not 4 months (the market take is subjective too, all dependent on what your house has compared to others, where it is located, the size of it, and so many other factors).
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 replies
It’s not just the cash received at closing, you have to consider the mortgaged portion of the relinquished property.
David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
Particularly the state licensing portion?