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26 July 2024 | 75 replies
@Andrew Postell is there a software or app to know how much you can probably get refinanced for or do you just look at comps?
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22 July 2024 | 17 replies
With a 30-year amort and 10-year IO options - as well as ability to get rate down quite a bit if you have long-term horizon (5+ years so don't mind prepay) - the rates/terms and monthly payment will likely be very attractive.Others too have done the DSCR Portfolio Loan (Blanket Loan) refinance option too (refinanced the 10 properties that are under conventional into one blanket DSCR Loan and start the process back from 0 on conventional), however, given current rates, don't see it a lot currently since the refinance would typically mean racheting up interest on those
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22 July 2024 | 38 replies
Going off the top of my head so might be some holes...1. have them supply an application (most generic rental apps ask the right questions)2.
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22 July 2024 | 5 replies
Sophie sends measurements of music over the established threshold and Steve complains about the validity of the app’s measurements.
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19 July 2024 | 4 replies
People have been telling me for a while to get on this app because of the types of properties and sellers I work with.
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19 July 2024 | 8 replies
Hey Jacob thanks for that insight I just downloaded an app called Eventbrite and I signed up for to real estate meetups in the coming weeks.
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17 July 2024 | 10 replies
Loan terms are going to vary, based on the asset, your liquidity, net worth.We've got three deals currently under contract with a credit union, 25 yr am, 6.75% rate, 2 years I/O, 5 yr term.
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18 July 2024 | 8 replies
Ps I just opened the BP app on my phone and the emails are gone there too..An example to look up is a thread called “To do or not to do.”
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18 July 2024 | 11 replies
The loan caps vary across lenders, across experience buckets, across asset valuations but 70% - 75% is standard.9mo note at 12.99 i/o - Most say "12" months and then bake in a fee if it goes longer than 9 months. 12.99 is high.
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17 July 2024 | 12 replies
The app also gives you a real time battery life percentage, so you can tell when they're in need of being changed out.