Orlando Kell
What is proper order of rehab work?
11 November 2024 | 36 replies
I typically build in an inspection contingency into my offers (yes this reduces my competitiveness of my offers, but its also a safety net to protect my bottom line).
Tyler Condon
Closing costs are already covered, but seller wants to give credit for repairs still
6 November 2024 | 7 replies
If you do not want to do that, then you would have to ask the seller to reduce the purchase price by that dollar amount.
Jose Quinones
Analysis Paralysis Help: Househacking with my VA or a line of credit?
7 November 2024 | 6 replies
A cash flow study should be performed to ensure that the refinance does not drastically reduce the property's return.Good luck!
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
@Michael BaumI believe they noted to be another 1/2 point and down to 4.5 by end of year, 3.5 by end of 2025 and 3 by end of 2026.Again mortgage rates are closerly correlated to 10 year not short term rates - so we can see how that reacts and how investors price the 10 year to gauge mortgage ratesI think people think rates will drop tomorrow but the last month rates have been dropping knowing the fed was reducing rates
Zachary Engen
Micromanaging my STR property manager
6 November 2024 | 18 replies
Anyone you hire is merely there to reduce the burden on you and make your life easier, you are still the one in charge always always always.
Gio Kattan
How to perform rehab w/o permits on a sub-to deal: will I pass city inspection?
7 November 2024 | 8 replies
Unresolved code violations, such as unpermitted modifications, could impact your ability to refinance or could reduce the property's appraised value, affecting loan terms.
Hannah Tate
Anyone Invested Internationally? Mexico?
10 November 2024 | 19 replies
This allows you to get an RFC (tax ID) and report your income on platforms like Airbnb or others, reducing the tax rate to 8%.
Saurabh Kukreja
Help me Understand Cash Out Refi for next Property
7 November 2024 | 7 replies
Honestly it’s all about opportunity cost.If that additional cost is going to yield you more than it costs; then pull the trigger .If you borrow a down payment, it’s going to reduce your cash on cash return as your mortgage payment is increased.
Priti Ag
Using the same property as MTR or STR?
5 November 2024 | 6 replies
To reduce the number of turnovers/management burden?
Jerry Zhang
How is Seller Protected if they are in 2nd position?
6 November 2024 | 8 replies
Otherwise, shorten their term and get them paid out in 12-24 months to "reduce" their risk.it sounds like you are trying to make an offer with this scenario.