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20 May 2024 | 3 replies
What I'm hung up on is how to make a deal work so that it produces a satisfactory rate of return for the money partner.
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20 May 2024 | 24 replies
Hi, given high interest rate, does anyone know which market still cashflow after maximum cashout refi, which is 75% of ARV?
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23 May 2024 | 1 reply
The ARV would be 780K at a 8% cap rate and I'd have a government contract to rent the units out to vetrans.
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23 May 2024 | 11 replies
Charge the tenants a higher rent rate and include utilities with their rent.
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23 May 2024 | 3 replies
Areas like these typically have low vacancy rates and high rental demand.
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23 May 2024 | 0 replies
If I don't go that route though, moving out in a year and renting out at market rates will still be a decent return.
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23 May 2024 | 1 reply
Purchase price: $443,000 Cash invested: $60,000 I've included the mortgage, a 5% rental vacancy rate, and a 5% capex reserve.
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22 May 2024 | 3 replies
My brother is interested in selling his house to me, however, I’d like to keep the existing 2.9% interest rate on his mortgage.
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22 May 2024 | 2 replies
I thought it was their job to look everywhere to find the best rate and terms.
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22 May 2024 | 31 replies
Now with the borrowing rates being where they are, I'm not sure if that's a good financial move.