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16 January 2025 | 6 replies
Crypto is a volatile asset, but the rewards are magnitudes higher than any other traditional investment.
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13 January 2025 | 5 replies
Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff
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17 January 2025 | 5 replies
So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.
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24 January 2025 | 36 replies
I would expect they would take a higher revenue percentage.
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16 January 2025 | 0 replies
Investing in features like high-end appliances and modern designs yielded a higher ROI.
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17 January 2025 | 22 replies
.- in this higher rate market, i find BRRRRs to be challenging because after a high LTV refinance the units have negative cash flow.
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1 February 2025 | 23 replies
I'd pay off any mortgage at 6.5% or higher.
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16 January 2025 | 2 replies
@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.
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21 January 2025 | 14 replies
This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.
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15 January 2025 | 7 replies
HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property.