19 June 2024 | 4 replies
That creates a great opportunity to get seller financing on your first deal which is especially important now with rates where they are.
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21 June 2024 | 31 replies
You will get a low response rate like less than 1% but even a half percent gets you 15 phone calls and one of those can be a good deal.
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18 June 2024 | 9 replies
For a DSCR, at 85% LTV (15% down), your rate is going to be 9%+ for the most part.
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17 June 2024 | 7 replies
I don't like to defer interest but I have and learned a few things as a result. 1) I will charge a 1% deferred interest fee to do so.
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15 June 2024 | 11 replies
For the amount of amenities and what the fee pays for, do you think that it's too much?
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18 June 2024 | 0 replies
Georgetown grew at a rate of 10.6% between July 2022 and July 2023.
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20 June 2024 | 18 replies
It was both, but knowing how they treat property is also a good indication of character despite a poor credit rating
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19 June 2024 | 3 replies
Asking price is $699kAt 75% LTV in today's current rate scenario, this yields a negative cashflow.
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18 June 2024 | 17 replies
However, you can inquire about a non-DSCR or commercial loan with the higher rate, but 50k minimum loan amount.
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18 June 2024 | 13 replies
Document everything.I just had a guest at a property that I manage ask for a full refund for a stay he booked last minute, ignored paying a pet fee, ignored my request for the pet fee, asked for an early check in.