Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
For example, an algorithm can't compare a property that charges a flat fee for utilities vs one that charges based on use.
Jason Hatfield
Buying a house at auction
29 January 2025 | 9 replies
I recommend that you find a trusted or recommended Mortgage Loan Originator (MLO), who can give you options for property-based loans (mostly investment loans) and they don't use your taxes but the P&L of the property.
Aj Green
Lowest Rate Ohio Mortgage Currently (Investment)
21 January 2025 | 11 replies
My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price).
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
Johnathan Cummings
Creating an Assisted Living space for multiple tenants
12 January 2025 | 1 reply
Have you reached out to any social service organizations that might be able to provide tenants to your property?
Jamison Haussman
Property Management in OKlahoma City area?
10 January 2025 | 10 replies
I inherited a property management company but just wondering what others are paying for similar services.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
A debt service loan is popular for that step.
Myles Jordan
Seeking Advice On Starting
17 January 2025 | 5 replies
They're coincidentally based in Boston, too.Good luck!
Somesh Mukherjee
From Toronto, looking to invest in Ohio!
30 January 2025 | 19 replies
Across the board, the worse the neighborhood, the better the cash flow, the better the neighborhood, the trade off for tenants base, better schools, low crime, etc etc.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 76 replies
P.tax and insurance rates are REACTIVE, because they are based upon a % of the property value.