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13 January 2025 | 7 replies
Using a large RV or boat for business purposes offers potential tax benefits, but it's essential to navigate IRS regulations carefully.
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6 January 2025 | 7 replies
I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional.
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10 January 2025 | 28 replies
But be careful with day trading.
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6 January 2025 | 5 replies
Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!
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27 January 2025 | 17 replies
Just trying to gauge whether your bookkeeper is overcharging, especially if you are splitting duties.I would be careful with real estate-specific software.
2 January 2025 | 2 replies
I would recommend reaching out to @Denver McClure as he may be able to help with a non-conventional loan
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11 January 2025 | 4 replies
In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.
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5 January 2025 | 0 replies
🏡 Real Estate Market Report (Single-Family Homes)📊 Mortgage Rates:30-Year Conventional: 7.10%30-Year VA: 6.45%💰 Median Sales Price:October: $485,000November: $484,995December: $484,500📈 New Listings:October: 1,959November: 1,498December: 1,175📅 Median Days on Market:October: 22 daysNovember: 24 daysDecember: 29 days📦 Months Supply of Inventory:October: 3.3 monthsNovember: 3.2 monthsDecember: 2.7 months🤔 What Does "Months Supply of Inventory" Mean?
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4 January 2025 | 1 reply
•Purchase another property in San Diego with a conventional loan.