Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Your estimate seems low, but even at that cost, it will not add that value.
Andrea W.
Latest Financial News
17 January 2025 | 1 reply
It seems like it's been written to hide something - https://finance.yahoo.com/news...
Account Closed
Non QM lending
9 January 2025 | 7 replies
It only seems like 1.5% difference.thoughts?
Teslim Salami
Cash Flowing Rental Property
12 January 2025 | 5 replies
Getting started was the most challenging part of real estate investing for me and it seems like you made it look easy.What neighborhood is the property in?
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
And it seems to be getting less clear on where to head.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Alex Hall
Subto FHA problem
17 January 2025 | 48 replies
My concern is that you seem to be out of country.
Thanh Lu
How to find good cleaners for Upstate STR
13 January 2025 | 2 replies
I have a STR in the Sullivan County and have been looking for a cleaner but the options seems to be limited in this area.
Yael Doron
Title: Looking to Invest in the Phoenix, Arizona Area - Advice Needed
14 January 2025 | 13 replies
Quote from @Yael Doron: Hi Brian,Seems you know alot... would it be ok if we could have a quick call?
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term.