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11 August 2024 | 13 replies
For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed.
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12 August 2024 | 13 replies
There is alot of chatter in Houston about them shutting down STR's but I believe it will go into a paying for a permit phase more realistically.
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11 August 2024 | 16 replies
I predicted a 20 to 30 percent correction in prices this year, and I was dead wrong.It appears that investors are continuing to come in for the long haul, with the knowledge that positive cash flow isn't realistic in the early years of ownership.
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12 August 2024 | 37 replies
Best,Dylan IMO re the $10k to seller being actual skin in the game... it depends on the current or potential rent, the type of lender, and the time and expense it takes to foreclose in the jurisdiction where the property is located.Having an attorney involved with the sub-to closing is irrelevant.If I was considering this realistically I would assume I am accepting $10k to have my credit trashed.
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14 August 2024 | 134 replies
Sponsor realistically and honestly susses out this from market challenges, which of course are real.Sponsor tells investors that they are committed to operating their current business and stewarding investor capital.
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11 August 2024 | 7 replies
Hi, wanted to get opinions on monthly spend for marketing/leads… thinking about hiring a company who provides warm leads, but wanted to get an idea of what realistic monthly spend is for it.Thanks!
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10 August 2024 | 6 replies
As the others have mentioned, make sure you add up all the costs, realistically, including developing the land, see what your ARV would be after it's finished, and what your rent would be.
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12 August 2024 | 25 replies
Having an experienced agent on your team before the rehab i think is very important because it is during the rehab when they can help add the most value by pointing you in the direction of what adds value to the sale, what finishes to choose and what to avoid, even what color paints are a good choice, insuring that your target sales price is not just realistic, but that it can actually appraise for that amount.
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9 August 2024 | 18 replies
**Realistic Timeline**: I can realistically pay off the house in a year, which gives me a debt-free asset to leverage later.3.
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9 August 2024 | 4 replies
Any basic advice or tips on making the eviction process as stress free as realistically possible.