Zachary Young
Where To Buy My First Rental Property
24 January 2025 | 55 replies
Everybody who invests in Southeast Mexico, including myself, knows that the typical property doesn't offer ROI upwards of 10%-15% but way less.
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
Lock-out, should they continue to not come even, would be typically less than 14-days.Unless the tenant comes even with the rent (which would result in dismissal of the non-payment of the case), there is generally limited defense to this process.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
28 January 2025 | 5 replies
On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.
Jonathan Snider
LLPAs for Vacation Home Loans
28 January 2025 | 7 replies
There are alternative programs out there with reduced cost, but you are typically looking at 20% down.
Kaleb Johnson
Best Area For Starting Out
28 January 2025 | 36 replies
@Kaleb JohnsonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
Reason being HML's are typically short term loans that are interest only.
John Reagan Johnson
Connecting with Real Estate Agents
22 January 2025 | 5 replies
Typically if you attend any investor meetings about 1/2 the crowd in many groups are agents looking for business.If you want to network, try service clubs, alumni groups, charities, religious groups, hobby groups or whatever interests you.
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
Hey @Jaycee Greene, we typically get loans from smaller local banks.
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Typically max leverage is 70CLTV - very higher Prepayment penalties and be ready for rates north of 12% - I answer this question all the time.
Tim Silvers
Need help interpreting condo landlord policy undergoing repairs
28 January 2025 | 1 reply
Typically homes in-between tenants, or a new purchase with intent to have renters within 30 days this is allowed.