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22 May 2024 | 8 replies
Cause as I see it -in sub2 you don't have to put money in the deal + the rate for the mortgage is lower most of the time, but the work for find the deal and get the deal done is hard.with brrrr it's easier to find the deals, I mean you can also find it on MLS but you have to put money of front and get it back when you refi...so I'm little bit confusedthanks
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22 May 2024 | 10 replies
Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments: $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.
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22 May 2024 | 5 replies
Most lenders sell their loans on the backend and some sell to different investors so they don't always know for certain who it will be sold to / if it will reported on your credit report as some report on the backend, some don't.In case helpful, more info on DSCR loans: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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19 May 2024 | 1 reply
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.
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23 May 2024 | 9 replies
The turnover rate requires effort to continue finding renters.
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20 May 2024 | 17 replies
Keep a low "bounce rate" - do not have your friends check out your listing without booking.
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23 May 2024 | 5 replies
You should have a fairly favourable interest rate though don't you?
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21 May 2024 | 8 replies
So, why is McDonalds still spending billions on advertising?
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19 May 2024 | 0 replies
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.
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22 May 2024 | 27 replies
Within the immediate Orlando metro, you can see a pretty wide range of rental rates depending on neighborhood and property class.