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13 January 2025 | 14 replies
My experience is the min is around 15%, but I've read some posts on BP that some lenders can offer a lower minimum (but that usually means a higher interest rate).
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14 January 2025 | 9 replies
I would also target ones that are ideal for renting out when you move out so maybe do a lower price point.
9 January 2025 | 7 replies
It's lower than 1.5%, sometimes I price deals out conventional & DSCR, DSCR beats conventional pricing a fair amount of the time.The only catch is the prepayment penalty on a DSCR loan.
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21 December 2024 | 11 replies
Should I be looking at markets with a lower entry cost?
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9 February 2025 | 14 replies
Most lower priced condo projects are not very healthy and why they are low priced.
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14 January 2025 | 11 replies
Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns
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8 January 2025 | 12 replies
The market does offer lower priced investment opportunities and higher cashflow returns, with ongoing revitalization projects like the DORA boosting appreciation potential.
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8 January 2025 | 1 reply
I gained equity in the property, and I got higher rents which lowered my living expenses while living there.
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9 January 2025 | 1 reply
(due to the mortgage being in the market being a lot lower than what I pay.)
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3 January 2025 | 7 replies
This is good for building but bad from a competitive entry standpoint. 7.