Richard Bayle
Peter Harris - Commercial Property Advisors
14 August 2024 | 63 replies
Homes are easier because of the equity that can be tied to them versus multifamily unless you find a very, very motivated seller as most multifamily don't get repoed like a single family, so Cap Rate is your best friend here.Now, get back out there paying for all your guru plans or "Call-to-Action plans" as I call them because if you're like me a fence sitter, you'll need one.
Chris Miller
Cashout Refinance Subject TO
15 August 2024 | 23 replies
Speaking for myself I would never consider a Sub2 unless I knew I had alternative exit strategies to take out that underlying mortgage either by private money, conventional, or other routes.What is the significance of the " default judgement states," versus what we have here in WA, OR, CA ?
Chetan Malik
How to scale and grow from here
12 August 2024 | 11 replies
Fast forward 3-5 years from now and even though rates are down those same homes are now worth or selling for $50K to $100K more.You end up losing more money waiting for a rate to come down versus being able to buy a home for a lower sale price.
Shannon Shaddow
Rental Oven Damaged-On us???
12 August 2024 | 9 replies
It looks like damage to me versus a faulty stove (no damage beyond the glass) and we would not be liable.
Andrew Postell
How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
I may just need to file a satisfaction of mortgage and just do the cash out refinance at 70%LTV on my 3 unit versus the 75% this strategy was going to allow.
Ashlie Z.
Any advice for a newbie starting out RAI in a pricy market?
11 August 2024 | 8 replies
What’s your opinion about condo/townhouse versus SFH at Chula Vista area?
Anna Brown
LA Property with lots of Equity
15 August 2024 | 57 replies
By location, 2/2 ocean 800’ ocean front class b+ for ~$6k, versus Inland class b+ 4 br, 3 ba 3000’ is $6k.
Austin Powell
Tips for First REI/House Hack Deal
12 August 2024 | 10 replies
People pay premiums to rent out full units and you have added privacy and easier to get lending on (lenders will count rental income on other units versus won't typically on bedrooms).
Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies
Just know going into any builders risk policy, you're going to pay a lot higher premium than a typical homeowners policy or even a landlord/tenant dwelling policy, and most of the time you'll be getting a glorified ACV policy versus the RCV policy you're used to on your personal home.
Jeanne Zozobrado
propstream versus bright investor
8 August 2024 | 8 replies
Hello,I am looking at several tools. I have the bright investor free trial. There is a bit of learning curve but the more I use it, the more I like it. I have heard a lot about Propstream as well. Any thoughts on eith...