Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
26 January 2025 | 53 replies
Maybe I got lucky because this was a few years ago and with lower prices and lower interest rates, it was easier to do well.
Anne Christensen
Has anyone used NCH Inc
21 January 2025 | 2 replies
However if you understand the process already and what you're trying to achieve and just looking for someone to do it for you, then I would search a bit more to price compare and then make your informed decision.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
Many real estate investors opt for a fix-and-flip loan because they’re relatively easy to obtain: no personal income verification (no DTI requirements), and you can often borrow up to 90% of the purchase price and 100% of the rehab costs.
Blair Ross Jr
Rental Property Purchase
21 January 2025 | 4 replies
Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.
Sergio N Brand
What are you investing in? Middletown, NY
14 January 2025 | 2 replies
My 2 cents is prices are crazy inflated right now, but believe it or not I think it will continue because of continued demand pressure for the area from people fleeing higher cost of living areas and moving there, with access to 87/17.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
I went with Kiavi for the refinance, paid $1,000 for their appraisal, and was shocked when it came back at $115,000 the exact price I paid for the property.
Francis A.
California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
Sadly, this price-gouging behavior has become the unfortunate new norm in the insurance industry.There's a high likelihood you'll need a broker familiar with surplus lines. 3 weeks isn't much time - if you aren't working with someone already you need to get in touch with someone asap.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)
James Winchester II
1st flip, brick house with fire damage
23 January 2025 | 3 replies
Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).