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19 May 2024 | 6 replies
So, with that your buyer will likely have to go with a different route than a conventional loan which will likely require a higher down payment and have a higher interest rate.
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19 May 2024 | 20 replies
HMLs would be able to fund the entire deal and give you money for the rehab; however, this would come at a higher interest rate (5%-12%).
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19 May 2024 | 17 replies
Wait for the intrest rates to drop a little?
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16 May 2024 | 6 replies
You can't trade Time with interest rate.
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16 May 2024 | 8 replies
I've seen many posts that opportunities really vary depending on location, but I just don't know how you can find something that cash flows or even comes close given rates.
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19 May 2024 | 90 replies
I've seen it done two ways:Flat rate lease - The operator signs a lease for a flat rate and runs the business collecting their rent and care fees from the residents.
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20 May 2024 | 88 replies
My broker couldn't get me my typically personal rate since it was so close to businesses and the homes are in my LLC.
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20 May 2024 | 13 replies
Don't worry about the rush to buy "before prices/interest rates/XXX" rise" there are always deals out there you may just need to be patient and wait until the time and right property comes along.
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18 May 2024 | 6 replies
If you have 100 good reviews and then you get a one star from her your ratings won't even drop.However, most guests only have a few reviews.
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19 May 2024 | 9 replies
On top of that, I must have shopped around to almost 20 lenders and their interest rate/LTV were the best I found thus far for my credit average (around 690 at the time).