
30 March 2024 | 10 replies
@Jazzous Anderson, I would talk to them about the disturbances and explain to them that they will be receiving a written lease violation warning aka notice to correct.

30 March 2024 | 25 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

1 April 2024 | 20 replies
Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning.Market Appreciation is where you will make the most money over a 10-year period but is the least predictable.You typically cant get a second position loan or HELOC from an investment property.

30 March 2024 | 3 replies
Hi Josh,FHA 203K loans are typically limited to primary residences.

29 March 2024 | 8 replies
@Hussein MyrBanks typically do not give loans against LLC investment companies.
30 March 2024 | 0 replies
Also, any investment interest expense that ensues from passive activities typically does not qualify for deduction either.

29 March 2024 | 4 replies
It is typically 1% of the loan amount.

30 March 2024 | 9 replies
I've since gotten the title search done and have received the sale order, but I'm still waiting on getting the deed and getting it recorded.

30 March 2024 | 8 replies
Aren't interest rates for DSCR loans typically higher than a savings secured loan?

30 March 2024 | 7 replies
I have received several off market duplexes in the last few weeks predominantly in north Nashville around the 350k range but they all needed some level of renovation.