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21 November 2024 | 6 replies
It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.
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22 November 2024 | 4 replies
The rules for each are different, and the allowable assets under Medicaid can vary by state.
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20 November 2024 | 1 reply
This is the breakdown:2 tenants on month to month leases ~$250-$350 less than market1 long term tenant (15yrs) is now on month to month lease and is paying $1500 less than marketAfter consulting with a couple of people and doing some research, it sounds like anything over a I should apply banking rent raise and submit a 60 day notice (all of these units fall into that category).
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20 November 2024 | 1 reply
Vacancy is often around 5%, particularly in high-demand markets, though this can vary by location.
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22 November 2024 | 20 replies
High crime is sort of relative and varies from person to person.
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21 November 2024 | 16 replies
This will vary by lender, but 60 days will cover seasoning for most.
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18 November 2024 | 16 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on. 2.
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19 November 2024 | 6 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
21 November 2024 | 8 replies
One form of that is finding a specific niche subject matter expertise...something like an ice fishing cabin that those of us who don't know a thing about the category would never think of investing in.
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20 November 2024 | 4 replies
From what I've seen, the average view-to-application ratio on platforms like Facebook Marketplace can vary quite a bit, but a general ballpark is around 5-10%.