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14 August 2024 | 4 replies
I would offer it as a long term lease option, 24 months minimum, 36 is even better.1) Option money, $15K ballpark, see what the offers bring in2) Rent, $2450.
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9 August 2024 | 4 replies
I have some properties in mind that I think would work well (both short and long-term) but I don't have money for down payments.
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12 August 2024 | 28 replies
I like to self encumber so I have a chance to do a rate/term refi.
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13 August 2024 | 2 replies
Flexibility in loan terms and conditions?
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13 August 2024 | 2 replies
Developing strong relationships with lenders can lead to better terms and quicker approvals.
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12 August 2024 | 16 replies
Short order, no one really knows, but we all know the government won't be able to implement smoothly.
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13 August 2024 | 7 replies
They often have more flexible terms and can work with ARV instead of LTV.
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14 August 2024 | 11 replies
If you want to use this as collateral for future deals, you will need to finance out of the SBA loan later, or put more money down on a conventional loan 5 year term/20 year amort up front.B.
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14 August 2024 | 7 replies
You might be able to milk the channel why you can but I wouldn't rely on it as a long term strategy.
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12 August 2024 | 0 replies
Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.