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25 January 2025 | 5 replies
Yes, that means he will have to give up his 3.5% rate (or whatever it is assuming lower then today rates) but it is what it is.
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27 January 2025 | 7 replies
I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.
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4 February 2025 | 18 replies
You are competing against other owners who have a much lower basis and/or debt cost to cover.
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22 January 2025 | 14 replies
In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.
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30 January 2025 | 10 replies
You may think about buying a SFH instead of multi-family if you're working with a lower price point.
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22 January 2025 | 2 replies
Just the different brand name lowers the cost dramatically!
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9 January 2025 | 12 replies
There might be some added tax benefits for this if you add in depreciation to help push you to a lower tax bracket.
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27 February 2025 | 25 replies
I’d definitely feel more comfortable lowering my expectations by half or a third and gradually scaling up by adding one small multifamily at a time.
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25 February 2025 | 10 replies
If it was paid off or if rates would drop so I could refinance to a lower rate, then it may work.
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20 January 2025 | 31 replies
.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.