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8 January 2025 | 22 replies
Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR. I bought my first investment property cash, for $101K. After closing costs, it w...
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7 February 2025 | 5 replies
While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options.
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7 February 2025 | 14 replies
In San Diego at the current rates for a purchase loan (which has better rates than an ADU additions) at high LTV, I show 1% does not cash flow on a sustained basis.
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4 February 2025 | 1 reply
Charge the tenants a higher rent rate and include utilities with their rent.
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27 January 2025 | 7 replies
Most lenders that I work with give Wholesale Rates (vs retail rates when you go directly to a lender).
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27 January 2025 | 7 replies
There are some great suggestions here on down payment, interest rate, servicing, and underwriting the borrower.
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25 January 2025 | 7 replies
., get a higher paying job, work two jobs, go to trade school, get a higher paying degree, live in affordable area, etc...these are things that most of us did).
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25 January 2025 | 12 replies
No fees = higher rates.
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12 February 2025 | 1 reply
The market has shifted a lot in the last two years with rising interest rates, changing rental demand, and shifting economic conditions.
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30 January 2025 | 7 replies
There will be multiple markets you can achieve a 7.5% cap rate especially if you're buying with cash.