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29 August 2024 | 14 replies
I think if you are doing a DSCR loan it will be more expensive but rates should be the same, unless you are using a special program?
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2 September 2024 | 1 reply
Currently, based on a market evaluations, I have about 50k equity in the property.
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1 September 2024 | 3 replies
I did not raise the rent last year however we did think about putting the house on the market because there are not many houses on the market for sale and house prices in this area are significantly increased.
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1 September 2024 | 13 replies
I would connect with some local investor-friendly agents in your market.
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29 August 2024 | 3 replies
Lower cost of funds at higher LTV than bringing in investorsWith the right SBA lender, you can close within 30 to 45 daysBetter fixed rate pricing with 504 program than traditionally bank financingGenerally more flexible underwriting with SBA 7a, and the right SBA lender
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30 August 2024 | 17 replies
There are rental management software programs you can leverage at a fairly reasonable price, which is what I used to get started (I'm still a newbie).
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2 September 2024 | 6 replies
That's a fairly common issue in smaller markets.
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1 September 2024 | 8 replies
I used a $5/sf small format mesh backed porcelain tiles for the flooring whereas most in my market use sub $2/sf 12"x12" or 12"x24"porcelain or ceramic that makes similar bathrooms appear smaller.
29 August 2024 | 70 replies
If you look up Cameron Dunlop there is a good program if anyone is interested (I have not used this program myself but one of my coaching students has.
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1 September 2024 | 8 replies
I have been trying to sell it to build more, but that has been difficult due to the high interest rates freezing the market...