Nick McCandless
Turnkey Real Estate Investments
17 December 2024 | 22 replies
I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.
Sharon Tzib
Houston Housing Stats November 2024
19 December 2024 | 1 reply
https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.
Sam Brock
Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
Fannie/Freddie won't allow you to close conventional financing under an LLC. 3.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
I talk to many of my lenders who are sitting on tons of garbage inventory they had to take back.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
@Matt WanIf you are seeking conventional or agency financing, the answer is No.
Otis Clayton
What is the best way to partner with someione to buy real estate?
24 December 2024 | 24 replies
It's like asking someone what you should look for in a wife.You need to focus on what your goals are first, then take a personal inventory of your own knowledge, skills, interests, finances, available time, etc.
Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
I recently bought my first investment property with a conventional loan, but the lack of W2s and living overseas made it a bigger hassle.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
If it was me, I'd just go conventional or use a vacation home type loan w/ a lower downpayment.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
Rates are high and trending higher, as is inventory in most markets.
Andrew Pierce
Doctors Loan/Conventional Loan = You Must Occupy the Property forever?!?
8 December 2024 | 10 replies
First, this is not a Conventional loan.