Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
I know with a hard money lender, you lost good amount of profit.
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.
Ken M.
How To Know If Your Flip Might Be Successful
7 January 2025 | 2 replies
With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well.
Zhong Zhang
a multifamily investment case analysis
13 January 2025 | 4 replies
Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's a safe amount.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
3) Windows - a fair amount of windows took damage.
Abdul Hafeez Jamali
Lenders for foreign national investors
12 January 2025 | 17 replies
Just to name a few: Borrower's Experience FICO Loan Amount Loan Type being sought: Perm (30 yr ams), Bridge (12-36mo I/O), Rehab (12-36mo I/O), Ground Up (12-60mo I/O) Property Type (1-4 unit, 5+ MF, Warehouse/industrial, Hospitality etc)If you have a specific deal in mind, then you can have a lender (or broker) look at it and give you a better idea.
Dave Schimmels
Rental comp calculation
3 January 2025 | 6 replies
Local PM's can get you the most accurate rent amount for your property.
John Friendas
Curbside Auction House Not Like Listing
6 January 2025 | 7 replies
Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.