Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Unless you're working with Private Money that is going to carry the risk of your lack of experience, banks want to see experience, Net Worth and liquidity after close to consider the terms.I started with single family, four plexes, and remodel flips for a lot of years before getting into larger deals.
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
I would strongly advice consulting with an attorney or financial planner to discuss your options.
Tre DeBraga
FHA 203K Loan
28 January 2025 | 5 replies
You have to put 5% down vs 3.5% down, rates are usually higher, but if you have strong credit, your PMI cost can be cheaper than that of FHA loans.
Laurieann Frazier-Duarte
Commercial real estate
21 January 2025 | 4 replies
Medical/dental office is very strong and will remain that way.
Natalie Gelbke-Mattis
Ready to scale our hospitality portfolio
21 January 2025 | 2 replies
Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.
Julie Muse
Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
Investment Info:Single-family residence fix & flip investment.
Timothy Hero
Multi Family DSCR Terms?
6 January 2025 | 7 replies
The last 12-18 months have been a little rocky in the DSCR space for 5+ units. I find DSCR most lenders are 8 to even 9% for max leverage on 5+ right now. I know of a lender around 7.3%, but curious what everyone else...
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.
Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
Are STRs in this area still delivering strong cash flow?