
19 June 2024 | 10 replies
You can charge up to but not more than what the local power company rate is in your area.

19 June 2024 | 4 replies
You could start BRRRRing houses and maybe that would allow you to buy more and make more cash flow.As for the paying off the mortgages, I would make you minimum payments monthly and when rates go down in years, you could refinance but pay the same amount and that will help you to pay it off sooner while you are left in the same Cash flow position.

20 June 2024 | 16 replies
My strategy is to buy and hold these properties, unfortunately I bought this one in January when rates were high.

20 June 2024 | 18 replies
It was both, but knowing how they treat property is also a good indication of character despite a poor credit rating
19 June 2024 | 4 replies
That creates a great opportunity to get seller financing on your first deal which is especially important now with rates where they are.

18 June 2024 | 38 replies
Loans aren't just about interest rates.

18 June 2024 | 9 replies
For a DSCR, at 85% LTV (15% down), your rate is going to be 9%+ for the most part.

21 June 2024 | 20 replies
This allowed me to come up with a guess for rent as well as price to be sold.I then got pre approval from a bank, built a spreadsheet which let me estimate expected total return variance and likely value when varying interest rate, rent growth, appreciation.

19 June 2024 | 3 replies
Asking price is $699kAt 75% LTV in today's current rate scenario, this yields a negative cashflow.