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27 November 2024 | 11 replies
This fee is typically a percentage of the remaining balance and can vary based on the loan agreement.2.
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26 November 2024 | 1 reply
According to the National Association of Realtors (NAR), as of 2023, housing inventory remains 40% below pre-pandemic levels, leading to heightened competition in many areas.To be considered a neutral market, not seller's or buyer's, the specific market center would need to have 6 months of inventory.
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26 November 2024 | 6 replies
There are pros and cons to using DPA with your average conv/fha loans ( yes this is how you arrive at 0% down or 100% CLTV or combined loan to value financing).Conv and FHA lend up to 95-97% so that remaining 3-5% down is covered or partly covered by the remaining local DPA programs.
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24 November 2024 | 2 replies
And whatever $ amount you go over your remaining entitlement, you will need to pay 25% down payment.
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25 November 2024 | 0 replies
This low inventory will continue to pressure up rents.The sales market remains hot.Sales - Months of SupplyThere are about 1.5 months of supply for our target property profile.
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29 November 2024 | 18 replies
If you want to remain friendly with the neighbor, I'd suggest checking out his unit and then running water all over the shower walls and putting some water on the floor around the shower/tub "pan" and around the toilet.
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26 November 2024 | 2 replies
With multifamily house hacking, you live in one unit and rent out the remaining units to tenants.Why Multifamily House Hacking WorksHere’s why house hacking with a multifamily property is such a powerful strategy:Rental Income Pays Your MortgageWhen you rent out multiple units, the rental income from your tenants can cover a significant portion—if not all—of your mortgage payment.
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25 November 2024 | 6 replies
.$20.27 Subscribe & Save Nippies - NippiesTrying to remain as G rated as possible...This goes to show that no matter how much you fine tune an algorithm, there are always anomalies and outliers...Stay tuned for more when I run things again in a few hours.
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25 November 2024 | 0 replies
Upon the trust’s termination, the remaining assets go to a designated charity.7.
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30 November 2024 | 11 replies
My clients are still buying long term stabilized single tenant NNN more 10 to 15 year type stuff.I am buying with my syndication all cash short term lease blend and extend opportunities.Accredited investor 200k minimum per property for LP'sTypically pay 8 pref on value add deals and split cash flow thereafter 50/50 between LP and GP.Closed on Walgreens last month at 11 cap rate absolute NNN with 5 years primary term remaining.