Parker Ernsthausen
LOOKING FOR INPUT ON NEXT STEPS TO SCALE - Mid Level Investor
21 March 2024 | 9 replies
It's in this equity increase, which usually happens at a much faster pace, where you will find your source for the needed cash for DP's...and expansion.BRRRR doesn't work fast, and actually works in reverse.
Jacopo Iasiello
Data is change in 2024
20 March 2024 | 0 replies
In Miami's fast-paced market, every moment counts, and those who act swiftly stand to reap the rewards.Inventory & Supply: Despite fluctuations, the active inventory sees a slight dip of 2.7%, maintaining equilibrium with a 4.4-month supply.
Brandon Morgan
storage unit investing? starting out?
19 March 2024 | 4 replies
We're thus able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis.
Adam Eckhoff
how would YOU invest $100k?
19 March 2024 | 12 replies
We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.These syndication can provide an 8%+ cash-on-cash return - providing you monthly cash flow - and a 15-20% IRR over the length of the project.
Neil Patel
FlipSystem by Antoine Martel
20 March 2024 | 175 replies
I’m already submitting offers for my second property and plan to scale to 1 flip/month, which at my current pace seems more than doable considering the amount of leg work their system offloaded with my first deal.
Andreas Mueller
The President’s New Housing Proposals are .... Problematic
17 March 2024 | 4 replies
The new growth pace is $1 Trillion every 100 days. 😳 Shocking?
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
I’m already submitting offers for my second property and plan to scale to 1 flip/month, which at my current pace seems more than doable considering the amount of leg work their system offloaded with my first deal.
Dan Stelter
Lease options in WI a great starting point?
15 March 2024 | 2 replies
It also can get challenging to set a price now to possibly buy in the future that the owner and you will feel is fair (with markets still appreciating at a healthy pace).You can also keep your eyes open for a seller willing and able to do a land contract with you (but there usually would want much more money down and likely want a full pay off in a few years, but can see what you can negotiate on terms).I agree nothing illegal about options/option fees in WI to my knowledge, but generally seem much less frequently used in single residential transactions than commercial transactions where due diligence and closing timelines may be very drawn out.
Cassandra Lopez
New Member Western Washington
14 March 2024 | 2 replies
That's actually on my agenda to add to my portfolio.
Logan M.
Making Changes via HUD for Manufactured Homes?
14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.