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9 February 2025 | 173 replies
But to sell out then, is to lock yourself into those losses, and to lose out on the experience and, hopefully, future gains.Now, Roofstock should not be absolved in all this.
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12 January 2025 | 185 replies
I locked in a few loans at 1.88 in 2020 that I feel like I cheated on, it doesn't seem fair for the bank.
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3 January 2025 | 40 replies
I suspect they will go up in value and I locked in the interest rates before it jumped up too much a few years back.About three years ago, I sold a couple of piggies as well.
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20 December 2024 | 19 replies
My first MF I represented the buyer on I made 100k. for maybe a weeks worth of work. 3. if your going to be looking a more resi style duplex 4 plex a lot of those get listed and having access to the MLS is far superior to any other on line listing service ONE simply because you will be able to talk to the actual LIsting agent not someone paying for leads.And then of course having access to MLS lock box's and not relying on agents.. this is huge.Now if your maybe going to buy one property sometime in the future and you have no interest in learning the RE laws of your state or making any money with transactional real estate then sure.. its a pass.. although I would still recommend the pre license course so you learn the basics the vocabulary and states unique laws.. knowledge is power in RE.
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18 December 2024 | 2 replies
Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions??
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19 December 2024 | 4 replies
Guess my thinking was if they can help me save on the funding part and locking in my first deal , it would pay for itself.
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19 December 2024 | 4 replies
Most students from my experience, are locked up with housing by that time and I can’t afford to go a full school year without it leased 🤣😭
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17 December 2024 | 6 replies
That said, I haven’t managed a long-term furnished rental, and I’m wondering if it might be less stressful.For context: I’ll likely need to hire a property manager since I’ll be overseas, and I want to make sure I’m not locking myself into a hassle.
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22 January 2025 | 203 replies
The lock-in effect of the period from 2016-2022 when interest rates were super low, causing owners with those low rates to not want to sell?
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19 December 2024 | 14 replies
Here’s how I’d approach it:For the 9.5% Loan: Refinancing into a DSCR loan makes sense to lock in a lower fixed rate, especially if your goal is stability and better cash flow.For the 7.25% Loan: If the local bank's investment HELOC offers a competitive rate, consider it for flexibility.