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26 November 2024 | 14 replies
The experience is working out pretty well.I think their goal is to be your one-stop-shop for the whole process and that will suit me going forward.
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3 December 2024 | 40 replies
Aaron - thanks for the post ...wedge area off Monroe is solid .....make sure your financing is in place and lined up before beginning to property shop ....traditional lender have programs that allow as little as 15% down if the rental propety is a 1 unit
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3 December 2024 | 19 replies
I believe that within three years, rates will be much lower, and you can refinance.Another consideration is that once you get a property under contract, you should immediately shop around for better rates.
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27 November 2024 | 26 replies
She could have chosen a much cheaper solution, like go to a coffee shop.
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26 November 2024 | 2 replies
Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.
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25 November 2024 | 13 replies
Also, when picking a lender, make sure you pick one that is very familiar with BRRRR strategies, has access to hundreds of lenders to shop the best Hard Money and Refinance partners for you, and that can give you advise on the front end.
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28 November 2024 | 5 replies
You can also go straight to the source - Direct DSCR Lenders - don't necessarily need a mortgage broker to shop for you (especially if you are here and asking the right questions and clearly are sophisticated - unless you are SUper-strapped for time, you don't seem like an investor that needs to pay a broker for help - go straight to the lender)3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).
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22 November 2024 | 15 replies
Then I wait for their responses and see their body language.
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5 December 2024 | 554 replies
Comparing Amazon to Bitcoin is like comparing your local pawn shop to Walmart.