Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
While you're saving money make sure you keep your middle FICO score above 620.
Owen Maiden
Good C Class Neighborhoods to invest in in Cleveland, OH
29 December 2024 | 30 replies
The reason being I have to build up my credit score before I can get approved for a loan.
Shuvrajit Mukherjee
Anyone here played with NAR APIs?
11 December 2024 | 6 replies
Both programs can aggregate data based on filters like zip codes, sell scores, etc.
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
How much do they make, credit score, rental history?
Tessa Tsui
Tenant showing services for our of State landlords
9 December 2024 | 6 replies
It took me 5 days to find qualified tenants with good credit score and income but my property manager still charges me full listing fee even though I did the whole listing, marketing and prescreening and they helped with 1 showing - they only showed one tenant who I prescreened through Zillow.
Behzad Sharifi
A brief introduction of me.
4 December 2024 | 3 replies
This is definitely a place where you can learn and move toward that best version of yourself.
Joseph Pelensky
$100K+ in Equity, no down payment, how do i buy this deal?
13 December 2024 | 10 replies
This new property is pumping out around a 10.5-11% cap currently.My credit score is not great as it sits, hovering around a 650 but slowly increasing as i'm paying off debt.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
What's the lowest credit score you will allow?