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24 February 2025 | 21 replies
All depends on a lot of things.No experience with or have ever heard of that lender, but I will look into them as well.
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14 January 2025 | 6 replies
@Adonis Williams, you've received great comments: It depends on so many things, including FICO, LTV, type of loan, etc.
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28 January 2025 | 8 replies
I am currently a student with some cash availbe and good credit score but no w2.
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24 February 2025 | 3 replies
Depending on the repair (reroof, new electrical system etc) reputable and solvent contractors can be open to being paid at closing.There are also third party companies such as Curbio that can be a fit for this situation.
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3 January 2025 | 2 replies
Seller financed (probably) won't be reported to the credit bureaus and so won't impact your credit score at all.
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13 February 2025 | 9 replies
Florida has some strong rental areas, but things like insurance, taxes, and property management can vary a lot depending on the city.If you ever want to compare notes or chat about market trends, happy to share what I’ve seen!
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16 February 2025 | 4 replies
Depending on your new job as a 1099/self employed, there are likely other loan options available that can work.
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18 February 2025 | 0 replies
.✔ Potential changes in loan terms – Depending on capital market shifts, interest rates for real estate investors may become more favorable.3.
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13 February 2025 | 3 replies
These deals can be profitable in growing markets with strong cash flow and equity growth, but success depends on the builder’s execution, local market conditions, and your ability to refinance effectively.
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22 January 2025 | 20 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.