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29 March 2024 | 25 replies
@Dutch Mendenhall If I were to purchase shares I see the share price continues to increase which I assume is based on the value of the real estate.
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29 March 2024 | 7 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.
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30 March 2024 | 25 replies
This is a pure appreciation-based investment approach.
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29 March 2024 | 7 replies
Based on a 760+ FICO and 3 year PPP, mid 7s on a 30 or 40 year I/O product, low 7s on non-I/O.
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29 March 2024 | 17 replies
Based on suggestions in the forum we googled local community banks in south florida and both that we spoke to seemed very open to the idea of buying in a personal name and then quit claiming the property into an LLC.
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29 March 2024 | 7 replies
For example, we (myself included), have a pretty strong base of flippers looking for deals they can buy, renovate, and resell.
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29 March 2024 | 3 replies
That simply does not add up based on the purported size of operation.
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28 March 2024 | 20 replies
Commonly, these proceeds are used for further real estate investment or costs related to the borrower’s real estate business and strictly can‘t be used for personal uses, such as paying off personal credit cards or any nonbusiness expense.DSCR loans are “primarily based on the property,” meaning that the lender evaluates and qualifies the deal mostly but not completely based on the property’s investment potential.
30 March 2024 | 24 replies
What you get the money for from your lender based off your qualifications like credit and loan to value ratio, with no cost would be called "par" rate... and from there, you can either buy down to get a lower rate, or you can take a higher rate to get a credit applied to the cost of your loan by the lender.A par rate is simply the rate that you get without having to buy the rate down while also getting no lender credit.