
30 September 2024 | 3 replies
In your experience, do higher-quality videos result in faster sales or better offers, or are they more about building long-term brand recognition?

2 October 2024 | 9 replies
Refinancing would require more equity and higher interest rates, making it difficult to lower mortgage payments.

4 October 2024 | 33 replies
And don't overpay for the property because you think you can get higher rents with MTR.Work your numbers as if it would be long-term renters.

1 October 2024 | 14 replies
Additionally, you miss out on one of the biggest advantages of real estate: forcing appreciation through strategic renovations.Another issue with Turnkey properties is that they often aren’t homesteaded, which typically throws off any proforma, resulting in higher-than-expected property taxes.

2 October 2024 | 25 replies
Our mortgage was significantly higher than our flood insurance, and I don't know if we qualify to try to apply for FEMA or if there is other assistance, and if so, if we would apply as a business (we file it on our personal taxes as rental income).

29 September 2024 | 12 replies
You want your price point to go up a little each time you buy to flip because the margins get higher as your price point gets higher and a lot of times the percentage rehab stays the same.

1 October 2024 | 4 replies
We make loan at a total cost to borrower of about double what “A or B” risk borrowers would pay for bank financingLoans are 1st liens, short term (12 - 24 months) at no higher than 65% loan to value.Hope this adds clarity

30 September 2024 | 5 replies
Ideally, you could negotiate with the seller to carry a first-position note instead of second, or even offer them a higher price to make this work.

2 October 2024 | 11 replies
5 years will give you the most favorable rate, but you should be able to take a lower prepay for a higher rate.

2 October 2024 | 16 replies
I see higher, and if you pay lower they are making up for it somewhere else (hard to run a low margin business).