What did you pay, what is market rate rent, how much equity do you have, and what interest rate/loan type do you have?

Maybe you get what you pay for but if you’ve only got a handful of properties in your portfolio maybe start out with people who just work for an hourly rate.

With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.

But given the high-interest rate and expanded cap rate environment, I feel like there may be some good opportunities for vulture GPs/Operators.

If you still haven’t signed up you can use my referral link here, I believe you may receive a discount as well: https://home.tenantcloud.com/signup?

Is this possible for a cash out refinance or rate term on 2 investment properties on the same loan that need to be refinanced and separated, or is this a unicorn by a rainbow sitting next to a pot of gold?

If you have to borrow money from a CC regardless of the interest rate you should not be purchasing property.

My partner and I use the subject to language from the AIR CRE forms as an addendum to the REPC - UtahSubject to language for purchase offer - Utah REPCBuyer(s) shall take title to the Property subject to the following existing deed(s) of trust securing the existing promissory note(s):(i) An Existing Note (“First Note”) with an unpaid balance as of the Closing of approximately:Said First Note is payable at $_____________ per month,Including interest at the rate of _________ per annum until paid (and/or the entire unpaid balance is due on ___________ (date).

I locked my interest rate and I understand you normally can't get out of that rate.

But then again I don’t have a vested interest in their buying in to the hype.The other side of the “nothing down” methodology is that in many, if not most instances, being able to put together a nothing down deal results in paying over market value for the subject property, or over market interest rate for the financing.