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22 January 2025 | 22 replies
The market does pick up in the spring, due to seasonality, but the 10yr yield will be more indicative of buyer interest.
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16 January 2025 | 6 replies
He is now in rent up modeand is at 20% occupancy after 3 months during the slow season.
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6 January 2025 | 6 replies
I find VT also a great place in the off season for hiking etc.
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6 January 2025 | 8 replies
LIHTC eligible, opportunity zone, STR eligible, property management in the area….Pretty decent list. didn't know where to start so I figured I would ask the more seasoned of the bunch.
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13 February 2025 | 123 replies
I thought there would be more seasoned, experienced investors, but all of the answers to my questions were from newbies like you said!
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5 January 2025 | 4 replies
I think seasonality is starting earlier, but if people are starting this early, ahead of inventory bottoming, we could have a pretty crazy spring.
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5 January 2025 | 3 replies
.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!
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6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
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12 January 2025 | 12 replies
You'll be able to meet seasoned investors that can direct you in the right direction.
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8 January 2025 | 3 replies
This is the first home that I am landlording and the first tenant was amazing, I was sad to see her leave but happy because of the reason she left was a good one.I am looking for advice from you seasoned pros!