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24 October 2024 | 2 replies
Not only flippers, but in my experience sellers that offer BAC tend to do better than the ones that do not (as far as net proceeds).
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24 October 2024 | 11 replies
@Brittany P.The reason people use them is because some Facebook guru told them too, just like if the guru told them to fake a verification of funds or a guru telling people they don’t need to send a borrower a 1098People tend to not do their own research or have an attorney review and just take some template from the guru
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23 October 2024 | 8 replies
DSCR lenders tend to go with 1.0 DSCR from what I've seen (and don't even factor in maintenance, management, vacancy, etc. for some reason), but they also tend to be more expensive.
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22 October 2024 | 5 replies
Certain forums and podcasts I listed to mentioned that pools are a big trend currently though they tend to be in newer developments that do not necessarily have views.
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23 October 2024 | 6 replies
I personally like to have a mix of STR and LTR so that my portfolio is well diversified but my preference is LTR as I tend to focus more on appreciation than cash flow.
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23 October 2024 | 8 replies
both LTRs and STRs tend to be more expensive to get up and running than new investors think.
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23 October 2024 | 18 replies
Although many syndicators tend to hide this is some shape form or fashion.
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22 October 2024 | 2 replies
For a turnkey property, in an "A" neighborhood, a reasonable cash-on-cash return might range between 5-8%, since these areas tend to be more stable but with lower returns.
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23 October 2024 | 4 replies
The rates do tend to be a few basis points higher but are often lower than conventional.
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24 October 2024 | 9 replies
What they tend to realize after the fact though is the higher payments are now mandatory and the monthly cashflow is cut so that you're mainly relying on equity which although likely isn't always guaranteed.