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6 April 2020 | 5 replies
You can still occupy a 2-4 unit property for 3.5% down with a competitive interest rate.
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6 April 2020 | 3 replies
Now even with low rates a lot of commercial properties will be vacant abs sold for a fraction of what they were worth a month ago.Residential is all about demand and rates.
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10 February 2020 | 0 replies
Our concerns are that 2-bedroom homes are harder to rent compared to 3-bedrooms plus, and are looking for strategies to make the rental more competitive in the market.
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4 March 2020 | 126 replies
They are typically more competitive with rates, easier to underwrite, less red tape, etc.Banks like Citizens and Bank of America will execute mortgages for you, but they need their overhead from you so they can turn around and sell it to someone else.
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13 February 2020 | 9 replies
I ended up purchasing through a private company called Argenia for a small fraction of the original quote, and my lender was satisfied with that.
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12 February 2020 | 1 reply
Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;Total property sales surged 15.2 percent, with 5,800 units sold;Total dollar volume rose 17.1 percent to about $1.6 billion;The single-family home median price increased 4.5 percent to $234,000, reaching a January high;The single-family home average price climbed 4.6 percent to a January high of $291,034;Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.
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1 April 2020 | 8 replies
He's licensed everywhere but is easy to work with and typically has competitive rates.
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13 February 2020 | 4 replies
Amenities are critical in today’s competitive value add environment.
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29 April 2020 | 39 replies
I understand I will have to overcome a competitive market but I would appreciate any tips!
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13 February 2020 | 3 replies
I currently live in Raleigh, NC which is a pretty competitive market with thin margins.