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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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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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5 December 2024 | 554 replies
Comparing Amazon to Bitcoin is like comparing your local pawn shop to Walmart.
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2 December 2024 | 34 replies
I honestly don't think the guy has a predatory bone in his body.
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26 November 2024 | 15 replies
Buy them well so you can refinance out the downpayment with a Home Equity Line of Credit with lenders that will do that for you and go shopping again.
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22 November 2024 | 15 replies
Then I wait for their responses and see their body language.
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25 November 2024 | 11 replies
I'll have to shop around and see if I can get something better.
25 November 2024 | 11 replies
i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i have one out of state rental property with a plethora of options for handymen and contractors around. i have been paying a property management company 8% plus all of their inflated costs of repairs and fees and with insurance going up it has really opened my eyes to my margins not as healthy as i would like.do you have a certain product you have used or use or would recommend?
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25 November 2024 | 10 replies
I was shopping hard for an OOS opportunity last summer in GA and honestly grateful I went 0/15 on offers.