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15 July 2024 | 7 replies
Ideally we stay in Cobb/Cherokee county and we stay under a 150k purchase price.
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15 July 2024 | 10 replies
Or, buying a Duplex and renting one side out then renting the other rooms out in the side I would live in.I have spoken with two lenders and both have given me pre-approval letters for up to 270k purchase price, with 15k down payment, conventional fixed rate loan, 30 year term.
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12 July 2024 | 0 replies
I’m in the process of sending offers and am working with an agent. I’m considering presenting multiple offer options to the seller and could use some advice on the best strategy. Specifically, I’m thinking about offer...
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16 July 2024 | 0 replies
The real test will come when the Fed begins to cut rates, as indicated for later this year, making it a challenging market for both parties.”Clare Losey, ABoR’s housing economist, recently said, “From the buyer’s standpoint, there are a number of advantages and disadvantages…The biggest headwind to them are higher mortgage rates and the decline in purchasing power.”Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin for the first half of 2024:The median sales price for a single-family home in June 2024 was up roughly 16% from the beginning of the year.
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15 July 2024 | 19 replies
My experience shows 1 out of 10 "inquiries" result in a serious investor that will purchase.
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18 July 2024 | 31 replies
RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.
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16 July 2024 | 33 replies
Today many if not most (50.1%+) rental properties have a lower cash flow on downpayment (new purchase) or equity (existing property) than a bank CD.
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14 July 2024 | 4 replies
(D) They are not acting as the agent of any other person or entity in purchasing the real property.
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15 July 2024 | 22 replies
I am interested in pulling out equity from an investment property and using it to purchase a multifamily building.
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16 July 2024 | 2 replies
Why do you think purchase contracts are so long and have such small print?