1 April 2020 | 15 replies
Hello All,I'm very interested in taking advantage of Freddie Mac's Home Possible program in order to purchase a multifamily 2-4 unit property.
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20 March 2017 | 60 replies
If LTV is low enough then some lenders let the buyer roll in the loan fee and amortize it over the loan period.The capital markets guys have sometime 50 or 100 million in annual loan volume with these regional,local banks, and credit unions.When they are quoted a rate they are getting from the vice president or president of the bank not some small minion that does initial information intakes and promises the moon with rate and term with no founding in reality.The capital markets guys often can negotiate a 10 to 15 basis point discount because of their relationship.
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28 December 2019 | 45 replies
Our average vacancy rate hovers around 21 days or less because when people do a drive by they see the QR code on the sign they can register go in take a look at the property and put an application before they even go to my office.
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22 May 2017 | 26 replies
If you're using the BRRRR method there's no real benefit in taking additional cash out beyond your initial seed investment unless you are needing money for a property that requires a larger down payment or you want to scale and do multiple properties at once.
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27 January 2017 | 1 reply
Unfortunately I don't have any deals in your market but I was wondering if you can refer any cash buyers in my neck of the woods (Palm Beach County, Broward County Florida) interested in taking advantage of any off market deals with usually $90K+ in equity.
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5 February 2017 | 9 replies
Ive always been interested in doing some deals down there and would be interested in taking a look at anything you come across.
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15 February 2017 | 14 replies
Since mast cities are experiencing low inventory and a seller's market it is not a good time to jump in. Take
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13 February 2017 | 9 replies
I plan to hold the expense cash until each property has a reserve of $20,000 then I will roll over the additional expense holding to my intake each month.
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1 January 2016 | 3 replies
They helped me also in taking care of my property in a wel lbehaved manner.
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4 January 2016 | 13 replies
You are absolutely right in taking my time and getting the correct inspections done.