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17 December 2021 | 63 replies
Because it is the LP itself that is exchanging and not the individual members.So bringing this back to Alicia's question - I think for serial syndicators having a business model where they raise money, buy, stabilize, operate and then sell a syndicated asset with a 1031 is an incredibly powerful tool for the syndicator.
8 December 2021 | 3 replies
If you are looking to invest into real estate, I have found this site to be incredibly helpful.
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15 December 2021 | 3 replies
The splits are incredibly low (I haven't seen lower) and fair, and her professional support is great.
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1 January 2022 | 16 replies
@Mora Clark I think it's interesting that everyone is telling you to raise rent without knowing more details on your specific property.I am not clear on how well you know Huntsville, but 35810 is an incredibly variable area code; it includes everything from B to D class neighborhoods, although the majority are typically C class for the 1950s to 1970s built houses.
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29 December 2021 | 7 replies
Lenders can also use this persons mid score to give the better terms (assuming it's the highest).
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8 December 2021 | 5 replies
LOAN AMOUNT: $531000HOUSE PRICE: $590KInterest Rate Quoted: 3.5% (Credit Score 792, Debt/Income Ratio: 38%)Please chime in I would really love the help.
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11 December 2021 | 17 replies
DTI and credit score requirements were stricter than normal.
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8 December 2021 | 5 replies
Thank you @Lara White for the reply.My credit score is very good, so that is not the issue.
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20 October 2021 | 10 replies
If you are looking to invest into real estate, I have found this site to be incredibly helpful.
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15 October 2021 | 2 replies
Hi @Manuel Rivera,I agree that in most cases, you should reach out to local or regional banks. 20% down is pretty standard but might vary according to the credit score, location, borrower's strength & experience, and more.