
21 August 2024 | 1 reply
maybe I am over thinking this and her asking 200 isn't bad, but I really don't want her to see me as someone who will just give credit all the time, because my margins are thin already on the property and I typically invest a lot into making a place nice for people.

22 August 2024 | 2 replies
Additionally, we are open to exploring other options beyond selling, so any advice or alternative strategies from those with experience in similar properties would be greatly appreciated.Thank you in advance for any guidance or connections you can provide.Best regards,Matt Ginsberg

23 August 2024 | 11 replies
By partnering with local businesses, offering flexible leasing options, and leveraging technology, these strategies can attract potential tenants and maximize the ROI on properties, even in a competitive market.Good luck!

26 August 2024 | 24 replies
That is not typically true 99% of the time lenders are paid on the loan amount and this gets them incentivized to find best rates and win the deal so I apologize if that was confusing.

19 August 2024 | 4 replies
For a fix-and-flip scenario your max loan amount would be based off your experience and can go as high as a % or purchase although it is more common to get 90% as the loan size is typically restricted by the percentage of the ARV for that program.

21 August 2024 | 2 replies
Most folks that are offering you a cash offer + offering to pay off all your closing costs typically buy at a good price (if they're investors).

21 August 2024 | 13 replies
I want to pay back that LoC cause I’m getting smash with the interest at 8.5 percent killing me.The property also has a 3.6 percent interest i assumed for 3 more years what’s the best options for me please help.

20 August 2024 | 4 replies
The tenant received their water bill and found it was $500 when it's typically only around $30.

21 August 2024 | 27 replies
Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 August 2024 | 3 replies
Insurance typically covers the loan amount and the lender will have specific guidelines.