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23 April 2020 | 12 replies
I'm not talking about those post on here where the first time investor is posting about getting 50 doors in 90 days, almost always they will not tell you those doors are producing a net income of $30 a month, that's not an investment, that's a gamble where the "investor" is hoping for a favorable scenario when the Debt gets restructured at the end of the 7, or 10 year term, and then hoping the rent increase projections happened, hoping the vacancy turnover projections they forgot to account for don't come to fruition (you'll be amazed at how many people will have a 5% vacancy reserve, but they forget about the Unit turnover cost), Some get lucky swinging for the fences out the gate, many do not.
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16 June 2020 | 9 replies
It's one of my favorite places to live in the city.
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22 April 2020 | 6 replies
If you don’t know what to ask, start with my list in this thread.While most borrowers hold their favorite lenders close to the vest, everyone will share stories about the bad ones.
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22 April 2020 | 0 replies
I see that there are a lot of vague pdf's online that can be used, but do any of you have a favorite resource that you've gotten your contract from that you'd like to share?
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14 May 2020 | 25 replies
My favorite play right now is in midwestern and southern secondary markets where I can get the highest possible cap rates, while enjoying the same level of rental demand the oversaturated neighboring hubs do.
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25 April 2020 | 11 replies
Feel free to reach out and I can help point you to a few of my favorites.
24 April 2020 | 7 replies
My favorite target is a $75K SFH that has curb appeal but needs paint, floors, appliances, blinds, landscaping, etc.
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29 April 2020 | 9 replies
Consider the tenant a vested landscaper and pay a little bit for the favor. It
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3 May 2020 | 17 replies
Anything written about Home Possible prior to July of 2019 (including my many posts about what was formerly my favorite mortgage product) is obsolete.
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25 April 2020 | 3 replies
I decided I want to buy my first house this year and why not a change and something different in my favorite state.