
20 June 2024 | 20 replies
There are several skip tracing companies out there, find one without high volume minimums, flexible pricing options and excellent customer service.

20 June 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 June 2024 | 7 replies
Definitely a focus area from lenders, conventional or otherwise - theres been a reported uptick in occupancy fraud or funny business lately as rates and values have continued to be so high and qualifying so tough - people are more likely to bend the rules on stuff like this - so this is generally the lender response

21 June 2024 | 31 replies
A lot of people are moving out of California because of the pandemic, lack of economic support, and high taxes/cost of living.

17 June 2024 | 6 replies
Check in with @Joseph Chiofalo they have high LTV Fix & Flip financing available nationwide and do a lot of lending in TN and the south in general.

19 June 2024 | 18 replies
tougher than advertised. there is lots of competition for deals; good contractors are booked up; materials are expensive; and interest rates are high.

19 June 2024 | 2 replies
If you're confident in your abilities and have the necessary time and resources, taking on the role of your own GC can be highly rewarding.

19 June 2024 | 42 replies
The only way the seller is getting the property back is if they (1) recorded a mortgage/deed of trust in connection with the subject-to transaction, (2) properly foreclose on that lien, and (3) become the high bidder at the auction sale.

19 June 2024 | 0 replies
Furnished for around $15,000 and pulls in an average of $1,000 profit a month with super high earnings coming in February-April.

19 June 2024 | 5 replies
There are programs for foreign nationals that allow for financing as high as 75%.