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27 August 2024 | 21 replies
Using borrowed money is going to make it difficult because you're putting extra pressure on whatever you buy, and with prices and rates high it's going to be tough to get a return for years or even decades.
26 August 2024 | 16 replies
They have been togethers for quite a few years so it's a solid group, never, ever selling you or pressuring you.
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23 August 2024 | 1 reply
For flips, I have a minimum profit potential of $40k For new construction, I look for ease of the build.
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18 August 2024 | 14 replies
Looking at a HUD home where the pressure test failed for the plumbing.
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24 August 2024 | 3 replies
The notes from the Fed’s last meeting (held on July 30–31) included a big reveal: “The vast majority [of Fed members] observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.”TP: Keep in mind that the last Fed meeting happened before: 1) the July unemployment rate jumped to 4.3%, 2) July CPI came in lower than expected, and 3) the huge, downward QCEW revisions to jobs growth.
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26 August 2024 | 24 replies
We have an amazing relationship with our community bank, and if the rate is a bit higher, the ease with which they work with us, the speed, and the relationship all make up for it.Thanks for an insightful post.
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22 August 2024 | 0 replies
Multifamily valuations have stabilized, and investor interest is picking up, particularly in resilient regions like the Midwest.Economic Outlook: The U.S. economy is expected to avoid a severe recession, allowing the Fed to ease monetary policy later this year, which should further bolster the multifamily sector.Investors should keep an eye on these trends as the market continues to recover.
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26 August 2024 | 25 replies
Seems like most condos only allow STR through their own management for a hefty fee, but the ease of not having to worry about advertising and listing sounds nice.
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18 August 2024 | 11 replies
Here's the problem: The HUD disclosure states that the plumbing does not hold pressure.
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23 August 2024 | 9 replies
While it’s true that most agents gauge a potential client’s seriousness by the existence or absence of a pre-approval letter, I think you can ease concerns by being honest with agents and voicing a preference to receive a lender recommendation from a trusted partner - which is what your agent should be from beginning to close.