Chelsea Pfeiffer
Out of State Investor looking to do STRs near the Smokies
9 December 2024 | 16 replies
I plan to head to the area in the beginning of December and would love to use the time I spend there to speak with lenders, property managers, etc. to make a more educated decision.
Julio Gonzalez
Streamlining Multiple Real Estate Services
4 December 2024 | 0 replies
If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.
Nicholas Dillon
What calculation can I use to determine if a cash out refinance is a good idea?
5 December 2024 | 6 replies
@Nicholas Dillon do you have a more specific buy box?
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
My thought would be, if the city is okay with letting owners doing padsplit, why not just letting them rezone the property to multifamilies and build a multifamily apartment, which is a more legitimate solution. 2.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
A couple years later, repairs, vacancy and turnover costs and you've actually lost money every month and you've decided to sell and buy in a more desirable area, but the property hasn't appreaciated, you have to fix it up to sell and incur transactional costs and you lose even more money.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
•Developed consistent deal flow and a scalable structure.If you’d like a more detailed walkthrough of how to build business credit, use funding, or plan your acquisitions, feel free to reach out!
Shrikant Kakani
Does it make sense to purchase older properties?
4 December 2024 | 2 replies
Unfortunately many of the improvement costs do not deviate greatly when you’re renovating a lower cost property in a particular market compared to a more expensive property in the very same market which makes it difficult to absorb the improvement costs in some areas.
Dorian Gray
Cash out refinance
4 December 2024 | 5 replies
If you are considering using a more commercial method, such as a DSCR loan, those products are simply reserved for commercial use and not personal.
Ahmed Moustafa
Seeking Advice on PMI Removal for Fannie Mae HomeStyle Renovation Loan
5 December 2024 | 5 replies
Because the original value of your closed loan was based on renovations being done, there is no additional value to use for the removal of the PMI.Maybe consider refi to another lender who will order another AVM or appraisal to get you a more desirable LTV.
Dan Zambrano
My Journey to $20M in assets
7 December 2024 | 60 replies
Not having the latter I find myself on a journey to build a portfolio not just for wealth's sake, but to move the proverbial needle on beautiful design and provide a more pleasant built environment for all!