Nick Gallon Martin
Confused about deductibility of interest on tax return
14 January 2025 | 0 replies
I know that interest on the acquisition loan can be included in the cost basis since itβs inventory.
Josh Edelman
Las Vegas Market + News for November
18 December 2024 | 2 replies
Here's the latest market report (based on single family homes):π‘ Mortgage Rates:30-year conventional rate today is 6.72%30-year VA rate today is 6.15%ββββββββββββββββββββββββββββββββββπ° Median Sales Price:Sept: $490,000Oct: $485,000Nov: $484,995ββββββββββββββββββββββββββββββββββπ New Listings:Sept: 1,910Oct: 1,959Nov: 1,481ββββββββββββββββββββββββββββββββββπ
Median Days on Market Until Sale:Sept: 20Oct: 22Nov: 24ββββββββββββββββββββββββββββββββββπ¦ Months Supply of Inventory:Sept: 3.3Oct: 3.3Nov: 3.0π€ What does "Months Supply of Inventory" mean?
Account Closed
Non QM lending
9 January 2025 | 7 replies
Account Closed said, income and assets are the only "hassle" with a conventional loan.
Youssef Pullman
Wholesaling in texas
10 January 2025 | 4 replies
Please add me to your buyer list :)Β Email me Jimmy and I'll get you connected to a few WholesalersΒ I get Inventory shares from here in Houston!
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
NC is a great market for your goals, however it will be challenging to find inventory that has much cash flow; many people who toss money into multifamily here do it to avoid the tax bill + take the 10 year runway of growth.How much SHF RE do you currently have?
Nick Cooper
Purchase long term with conventional 20% or less down
14 December 2024 | 6 replies
@Nick Cooper you can buy with as little as 15% down on a single unit property with conventional financing.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
Originally, I felt limited by conventional lending DTI.
Susan Sheraton
Service Link - THE ABSOLUTE WORST
11 January 2025 | 1 reply
It's tough to work with corporate seller's.However, there is a TON of investable inventory in the Atlanta market right now that is institutionally owned where there process is very ridged.
J. Mitchell Bernier
Valdosta, GA Market Update
29 December 2024 | 4 replies
I would suspect once investors digest the higher rate environment and some of the hurricane damage is moved inventory will settle out in neutral territory.Β
Justin Crump
Realtor.com by Julie Taylor Market Trends for 2025
5 January 2025 | 4 replies
I think seasonality is starting earlier, but if people are starting this early, ahead of inventory bottoming, we could have a pretty crazy spring.Β