
14 August 2024 | 0 replies
Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings What made you interested in investing in this type of deal?

14 August 2024 | 0 replies
Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings.

14 August 2024 | 22 replies
Also, you can seek an exception from most DSCR lenders and they get approved at a high rate, it will just come with an increased origination fee (usually .5% for exceptions) or a interest rate add on.

15 August 2024 | 28 replies
Invest back into the property to get a higher rate/occupancy, fight for just being the lowest price and cleanest rental in the area, or explore another exit strategy (sell, MTR, LTR, etc)

14 August 2024 | 22 replies
Someone will need to be handling inquiries, monitoring rates, guest issues that arise, marketing, repairs, maintenance, and housekeeping.

14 August 2024 | 6 replies
It's seamless, makes tracking revenue and expenses very easily, provides me with bank account options for all of my properties as well as virtual credit cards AND a hefty interest rate on savings.

16 August 2024 | 23 replies
@Dmitriy FomichenkoYou are right about 7% return in the 401K and have been considering REI in 401k since joining BP.I am not sure if RE is at 20% if I start now, with the rental @ 0.5% of RE value, higher down payment and high interest rate.

14 August 2024 | 12 replies
At that point, it's worth researching and finding a solution that better meets your needs.

13 August 2024 | 69 replies
I will tell you that many people who invested in Class B or C apartments during that time got a variable rate loans which was based on SOFR ( secured overnight financing rate) + set number.

14 August 2024 | 1 reply
You’re borrowing against the equity in your home, so the money is not income but rather loan proceeds that you’ll need to repay.The pros of a cash-out refinance for most investors include the ability to build their portfolio and scale their real estate investment business.The cons could be trading a lower interest rate for a higher one and increasing your loan-to-value (LTV) ratio.