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2 January 2025 | 5 replies
You can generally go up to 75% LTV on these products so long as the anticipated PITI is 1:1 with the gross rent.
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27 December 2024 | 12 replies
I have only been declining based on credit so far so I haven't gotten to the point yet where I needed to do the prior landlord interviews, but will definitely be interviewing as many prior landlords as possible.
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3 February 2025 | 47 replies
What we came up with was an infill product that matches what three story walk ups are in the multifamily market.
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9 January 2025 | 18 replies
I ask because most who write similar posts on BiggerPockets are unable and I am sorry but "A unique blend of benefits that are favorable for R.E investors who are sole proprietors" sounds like something a fear mongering asset protection company will tell you before upselling the expensive and unnecessary asset protection product.
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5 January 2025 | 12 replies
Note this calculation gets worse if you recognize the declining value of currency.
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11 January 2025 | 12 replies
No one has ever asked me. 3) Depends on if you want longterm or short term residents. 5) We used Redstar https://www.redstarbackgrounds.com/ they give you accept/decline recommendations.
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4 January 2025 | 9 replies
House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer
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31 December 2024 | 13 replies
Not to say that you'd pick crappy materials, but contractors with experience have manufacturers and suppliers that they know guarantee their products and that helps them know they can stand behind their work.
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13 January 2025 | 30 replies
On most small MF that get listed for sale, the owner lost interest years ago and management attention is in a steady decline until something triggers the sale.
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1 January 2025 | 15 replies
Everytime i engage in a product its more unexpected money being required and I just do not like that.Good information.