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20 August 2018 | 1 reply
It depends on what you want, if you want to be almost 100% independent and earn the max commission a cloud broker might be best if you need guidance and/ or leads and are willing to give on commission for it a more traditional option may be a better fit.
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22 August 2018 | 6 replies
Since you have experience in the region, would you say that potential tenants seek out MFH (2/3/4-plex) rentals over traditional , largeapartment complexes or SFH rentals?
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31 May 2021 | 117 replies
My question to you @Drew Eldridge and the others in medicine.... provided you have a large student loan debt (I do), financing makes me (and traditional lenders) nervous.
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23 August 2018 | 4 replies
In order to do this, they drilled through the exterior vinyl, gypsum sheathing, etc of the house (considered a common element/ shared HOA item).
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20 August 2018 | 8 replies
I recommend you put in 5% and the seller take a carry back note and you secure long term fixed rate financing (traditional).
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20 August 2018 | 3 replies
I just bought a property w/o a traditional lender for $2.15m Put in $450k.
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20 August 2018 | 1 reply
I've read that financing can be difficult when attempting to finance a Condo w/ a traditional 30 year mortgage.
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21 August 2018 | 2 replies
The nature of all seller finance deals is the solution of the sellers problem in some way other than cash or traditional financing.
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30 August 2018 | 14 replies
Find a good inspector that is trusted by professionals in your area and get a good pulse on the effective life of your big ticket items (Roof, HVAC, HW heater, etc.) and calculate out how much each will cost to replace, then do the math backwards for what you need to put aside for CAPex and maintenance.
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20 August 2018 | 0 replies
So my PITI on this after the first year will be around $2,000/mowater-$215/moCapex/Rep- it should be like a new house at the end, so I'm only factoring 5%/mo-$225Vacancy-$0, I've got six other properties in the neighborhood... no vacancy with college kidsMisc-$200Estimated Cashflow/mo- $186021% CoC ReturnMy question is this...... my original plan was to utilize the friendly financing terms at a 4% int rt-- better than my recent bank loans by a good margin....I was going to use the full 5 year term, and fix it up slowly over time... get the good unit rented out for max value, and get other unit updated to do the same..... then work on the big ticket items throughout the course of the term...... but then I got to thinking..... interest rates aren't getting any lower.... with the market hot... the ARV and appraisals will likely be friendlier the faster I do it.... it seems a downturn is due well within that 5 year term.