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11 March 2024 | 4 replies
Also the bigger pockets glossary says they're usually 2-6% of the purchase price and this estimate is at the top end of that range.
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12 March 2024 | 24 replies
Seeing a lot of "0" experience borrowers trying to go fix n flip, which we can do usually 5% less LTV on the purchase so 75 instead of 80%.
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11 March 2024 | 3 replies
I avoid post-closing possession in my deals, and usually advise my clients against it unless the situation is special.
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12 March 2024 | 105 replies
I usually agree with you, but not on this.
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12 March 2024 | 18 replies
I usually text stop. or block it. annoying but I guess hey if they get one its a win right.
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11 March 2024 | 6 replies
If my tenants have a good first year, before their notice is due, I send a renewal notice that has a 1-yr option near current market rents and a 2-yr option at slightly less, and I usually include a list of nearby rents so they can see they won’t get a better rate if they move.
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12 March 2024 | 12 replies
Usually* less capital involved but you do need to be more careful on your exit options as far as lending for your end buyer goes.
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12 March 2024 | 12 replies
Tha'ts usually an indicator of demand.
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11 March 2024 | 5 replies
I have a house very close to the Cleveland Clinic that I am thinking of doing this for extra cash flow.
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11 March 2024 | 22 replies
DSCR loans are usually an easier underwrite that require less paperwork.