
14 February 2025 | 9 replies
It will tell you how much loan you can access and the interest rate.

10 February 2025 | 59 replies
For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

10 February 2025 | 10 replies
I’m looking to pull equity from a property, but I have a great interest rate that I don’t want to lose.

17 February 2025 | 17 replies
Some guys I work with were getting 90% advance rates in Houston, but I think the banks are back to 70-80% now.

12 February 2025 | 3 replies
Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.
26 February 2025 | 6 replies
Some are on septic and well systems and not regular water and sewer.The more you go suburban to urban core with upgraded construction the more the cap rate tends to drop but generally better loans available for well located assets and a strong tenant.Without knowing expected proceeds from the exchange, if you will add additional funds to the down payment, what purchase price you are wanting, what area of the U.S. with cold belt versus warm belt states, etc. it is hard to comment further.

23 February 2025 | 4 replies
It's not as high performing as what's traditionally recommended (it's still cash flow positive but has a small margin) but that has a lot to do with the high interest rate.

28 February 2025 | 6 replies
That would knock off 4%-ish from the federal ordinary income tax rate...More info from FTB: Help with pass-through entity (PTE) elective tax (PTE tax) | FTB.ca.gov

9 February 2025 | 12 replies
With those kinds of rents ($5,800 between the 2), even with a 9% cap rate, in my opinion those properties should collectively appraise for nearly $500k.

3 March 2025 | 6 replies
It seems that rent has grown faster than jobs, and its hard to keep up with the rent at rates like $1400 in that area.From looking at crime, that neighborhood was lower than all of Westland, so I am surprised to hear its so bad.