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6 February 2023 | 4 replies
There are always exceptions based on your track record or relation with a specific bank in another country, however expect higher interest rates as they see an international investment as something riskier.
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2 August 2019 | 7 replies
Not living at the property it seems like a waste to purchase wifi or piggyback of a tenant's network and the need for real time alerts seems unneeded for an investment property.The important features to me seem to be: high quality, motion sensored or rolling recording, night vision, and internal storage.
21 July 2014 | 7 replies
Almost all international officers stay in Deer Creek.
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26 June 2016 | 8 replies
Different lenders will have their own internal guidelines.
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29 November 2021 | 8 replies
-> Accessibility:Tracy is (relatively) closer to Bay Area, international airports, Fresno/Yosemite, LASacramento is (relatively) closer to Oregon, Crater Lake, Reno/Tahoe, Death Valley, Fresno/Yosemite, LA, Bay Area.
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29 June 2017 | 9 replies
Offer to be an "intern" before you think to "partner."
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3 October 2019 | 16 replies
Cap Rate may be a good internal metric for an investor to be aware of and use to evaluate similar properties, but there is absolutely no bearing on value until you get to 5+ units.A house at this price point rarely makes sense as a rental.
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21 June 2018 | 2 replies
PURCHASEPurchase Price: $ 499,900Amount Financed: - $ 399,920Down Payment: = $ 99,980Purchase Costs: + $ 9,998Rehab Costs: + $ 0Total Cash Needed: = $ 109,978Price Per Square Foot: $ 66.7Price Per Unit: $ 62,488RETURNS & RATIOSCap Rate: 10.7%Cash on Cash: 17.3%Return on Investment: 3.4%Internal Rate of Return: 3.4%Rent to Value: 1.3%Gross Rent Multiplier: 6.5Debt Coverage Ratio: 1.6FINANCINGLoan Type: AmortizingLoan Amount: $ 399,920Loan to Value (LTV): 80%Loan Term: 20 YearsInterest Rate: 6%Loan Payment: $ 2,865 Per Month$ 34,382 Per YearASSUMPTIONSVacancy: 5%Rent Collection: MonthlyAppreciation: 3% Per YearIncome Increase: 2% Per YearExpenses Increase: 2% Per YearSelling Costs: 6% of Sales PriceLand Value: $ 0PURCHASE COSTSTotal (2% of Price): $ 9,998REHAB COSTSTotal: $ 0
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25 March 2015 | 7 replies
I first became interested in real estate investing while working as an intern for a small residential investor/contractor in New Orleans the summer of 2012.
23 November 2018 | 4 replies
If the owner lives abroad then they should have notified the tax collector that their mailing address is international.