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22 January 2025 | 203 replies
There are LCOL cities with low crime rates and HCOL cities with high crime rates.
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24 January 2025 | 0 replies
.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.
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29 January 2025 | 21 replies
We are BRRRRing it and we’re originally going to rent traditionally, however we decided to look into it as an Airbnb, and when we put in current loan rates which will be near or at 7% when we are ready, we’d only cash flow about $150 a month 😱, but as an Airbnb our projections are around $1,300 cash in our pockets monthly. 💰 At this point is a no brainer 🧠 and we know if it doesn’t work out or we don’t like doing it we can always revert to a traditional rental.
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12 February 2025 | 12 replies
I suggest keeping track of these key features which range from cap rate to, cash flow, ROI, and asset comparison.
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7 February 2025 | 9 replies
They offer an all in one policy, and also had a great rate compared to the others.
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5 February 2025 | 9 replies
Even though buffeted by high interest rates and spiking insurance premiums, overall prices are still rising.
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19 January 2025 | 8 replies
With that low interest rate, you will have paid down a lot of equity in the deal and should be able to finance with a bank.
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20 January 2025 | 1 reply
Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.
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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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20 January 2025 | 8 replies
However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.