Craig Holland
Empty lot lenders
24 January 2025 | 2 replies
If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road.
Charles J Sabo
Huge news in the conventional loan product space *Hot off the press*
23 January 2025 | 7 replies
There's literally no advertising in the post at all, it's simply a news update on changes to UW guidelines...
Makani Donaldson
What is considered a good cash flow?
24 January 2025 | 13 replies
I know that’s not the only reason to invest in real estate but simply put it’s what I’m mainly looking at and In the markets I am currently looking at, it look like regardless of str, mtr, and ltr, I’ll be cash flowing around 150-300 a month.
Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
The seller not necessarily settled, Seller simply took the only offer they had.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
If you answer the phone and there is an uncomfortably long pause before someone talks, it's a machine dialed number and simply hang up and block the number.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
So an identical neighborhood (income, crime, school quality, etc.) can cost you as much as a $100k less on the South side simply because your neighbors are brown or black as opposed to white.this right here is the gem advice.
Wes Y.
Selling SFH, Capital Gain Exclusion
23 January 2025 | 1 reply
Simply gifting him half the property now wouldn’t immediately allow him to claim the exclusion without fulfilling this residency requirement, I don't believe.One thought would be to use a HELOC to pull just enough equity out of the current home and use it to buy a smaller home, or at least the down payment.
Shayan Sameer
Seeking Advice on Real Estate Investing Strategies
12 January 2025 | 6 replies
Most Heloc rates right now are around 7.75% to 10% so if you look at your blended rate between your fist and Heloc you would be better off doing a cash out refinance.A lot of people forget or simply do not know that if you do a cash out refinance the rate does go up but in 12 to 24 months if you do a "rate and term" refinance you can get it back down fairly close to where it was at prior.
Garrett Brown
What is your biggest struggle in the STR world right now?
24 January 2025 | 46 replies
I think we have enough software in the STR world lolWhat if we made a guide to increase occupancy rates that centers around marketing, guest experience, and ways to stand out in saturated markets that isn't simply "buy more amenities"?