Jerry Tilley
Are there other loan products out there that are asset based besides DSCR?
15 September 2024 | 22 replies
Just a rate does not show what options people can find on the market place.I just locked a loan at 5.99% with 1.15 points and no prepayment penalty for an investor.
Felicia West
Downpayment amounts - 20, 25 or 30%?
15 September 2024 | 19 replies
Not sure what market your in but if you can find something that you can potentially at the very least break even then that's a win in this market.
Enrique Roth
Thoughts on adding an extra 1/2 bathroom
15 September 2024 | 15 replies
I recently added a half bathroom in a market where half bathrooms are worth ~$50k.
Bradley Hendrix
1031 scenario question
16 September 2024 | 4 replies
The offers I'm getting are off market offers through a broker.
Tim Melin
Thoughts on DSCR Loans
15 September 2024 | 38 replies
There is a lot of uncertainty in the market for institutional capital, which funds a lot of these types of loans.
Jennifer S.
One Electric Meter for Two Units
17 September 2024 | 24 replies
Agreed with Stephen, I dont know your market but we have many illegal multifamilies.
Kyle Wegg
Blacktip Construction Group / Jeff Beach / Scam Artist
12 September 2024 | 27 replies
However, Matthew reminded me of my long-term investment objective and assured me that the property would appreciate, given the strong real estate market in Alabama.
Hunter Gibson
Wholesaler Took My EM
15 September 2024 | 4 replies
Off-market property, which is likely the case if you were buying from a wholesaler, has no financing or appraisal contingencies most of the time.
Natalie Johnstone
Which market?
10 September 2024 | 21 replies
I'm overwhelmed by which market(s) to choose.
Anthony Silva
More than one second home in the same location?
15 September 2024 | 14 replies
I am not a lender but I work with a lot of buyers who utilize second home loans and I am 99% sure you cannot buy multiple second home's in the same market.