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12 February 2025 | 29 replies
That said, most of our DSCR options have had rates drop over the past few days, so right now is probably a good time to move forward (at an 80% or 75% LTV) as it is very possible to get you rates in the 8s and even low 7s right now at those LTVs, if your credit and DSCR ratio are good.
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16 January 2025 | 3 replies
I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.
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17 January 2025 | 4 replies
When loans were called, was it due to specific triggers like delinquencies, insurance lapses, or low-interest rate portfolio loans held by smaller banks?
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23 January 2025 | 24 replies
Here are some indicators to help you assess a buyer's seriousness:Questions: Serious buyers will ask detailed questions about the property, such as maintenance costs, neighborhood amenities, and property taxesStrong Offer: If a buyer makes a strong offer quickly, it often indicates a high level of interest and intent to purchasePrivate Buyers: If approached by a private buyer, ensure they provide a Letter of Intent (LOI) and proof of funds.
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27 January 2025 | 18 replies
In the one house that I still have some existing, it's only on an overhead light circuit with no insulation around it, and I minimize the load on the circuit by using only low voltage LED lights.
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25 January 2025 | 15 replies
Is this in a residential neighborhood?
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19 January 2025 | 46 replies
Internet capabilities are low, and no one wants to live there.
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28 January 2025 | 13 replies
It's interesting because of the low start up capital and potential for higher returns.
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3 January 2025 | 8 replies
In the second half of the year, market by market, the supply will slow to near record lows, which will be a key theme in 2026.
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15 January 2025 | 10 replies
B- area or less, the sign notifies the neighborhood thugs that the house is vacant.