Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
Donyea Jenkins
DSCR Loan Question
29 January 2025 | 13 replies
During the "fix up" process, you would use a different kind of loan that will end up converting to a DSCR loan once you have tenants living in the unit(s).So, I would need to use maybe a construction loan for the renovations and then convert it to a DSCR loan?
Jay Fayz
House hacking as a student
28 January 2025 | 8 replies
Are you receiving income of any kind?
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
What kind of investment properties were you looking at?
Jill Young
85% LTV Loan for one property with 3 STRs in Texas
27 January 2025 | 10 replies
Wrapping 3 properties into one blanket loan shouldn't be a problem, save these are sitting on any sizeable acreage.You might get lucky and find a unicorn local bank or credit union that would consider that kind of leverage, but I would say overall, those terms are very unrealistic.Cheers!
Mark Hu
Public auction for abandoned tenant property
25 January 2025 | 4 replies
What kind of auction or auction firm can I use?
Nick Connors
Young Professional Looking to Get into Real Estate Investing
30 January 2025 | 5 replies
Seems like I could possibly get a duplex with that kind of down payment.
Mitch Provost
Student Rental Investment Market
21 January 2025 | 3 replies
I believe there is a demand for those kinds of rentals.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
Quote from @V.G Jason: Quote from @Parker Robertson: Quote from @V.G Jason: Forcing you to invest is kind of nonsense.They literally are making more back when you invest then if you didn't and just lost the refund probably.
Angel Perez
Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
If it is a heavy rehab you'll need experience to get a fix n flip loan on it.What kind if real estate exp do you bring?