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15 December 2024 | 3 replies
Still strong but lots of competition, so you need to research what works: good pics, seasonal pricing, amenities, etc.
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13 December 2024 | 8 replies
There are a few folks out there encouraging some seasoning.
19 December 2024 | 5 replies
That’s what I’m talking about.. having people on the ground who know their turf and can spot trouble before it smacks you in the face.From what I’ve heard, outfits like Northwest Preferred Property Management or Umbrella Properties in Eugene aren’t just running the numbers.. they’ve seen the weird mid-season repairs and the tenant personalities you’ll never read about in a textbook.
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15 December 2024 | 9 replies
Around October, finished my MBA and told my seasonal job I was coming back this season, I was able to lock in. 4 days a week 3hrs a day resulted in a consistent 500 calls per week give or take.
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12 December 2024 | 6 replies
@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60 (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR).
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23 December 2024 | 24 replies
However, be careful about seasoning periods on the new loans.
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17 December 2024 | 9 replies
Hope everyone has a wonderful Holiday Season!
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14 December 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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14 December 2024 | 7 replies
An example, a small down payment initially, but the note has now seasoned for 60 months with on time payments documented by a third party servicer.
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17 December 2024 | 16 replies
It feels like DSCR lenders are catering to BRRRR investors more now than ever with short seasoning guidelines, air tight DSCR requirements (1.0), etc.