
5 September 2024 | 2 replies
I am closing on a multi-family (3-4 units) buy & hold investment in East Boston.
Purchase price: $969,000Down Payment/ Closing Costs: $113,000I am in the process of buying my first property, using a 2 for 1 buydo...

4 September 2024 | 5 replies
Cash flow is $720, and Cap Rate is 6.2%, and the home value is still growing.

5 September 2024 | 2 replies
Currently I own a property in Sacramento with enough backyard lot that has Alley access and my current Mortgage is at a 2.5% rate and don't want to touch or affect it.I am in the process of considering a lot split with a plan to build a new doublex unit in the split lot with hard money or a construction loan.

8 September 2024 | 5 replies
does the house have dirt up next to the foundation keeping water away from the crawl space ?

1 September 2024 | 10 replies
I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

6 September 2024 | 8 replies
I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings.

5 September 2024 | 0 replies
The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

7 September 2024 | 12 replies
I'm assuming that I could probably do an STR in Lakeland Florida, but don't think because of the location that I'd get good revenue.Who can give me some insight as to whether doing something like this or mid term for nurses has been beneficial for a 5 bedroom 3 bath house.

4 September 2024 | 2 replies
It was one of those situations where someone really needed a lifeline—the seller was facing foreclosure and had just 30 days before his house went to auction.

9 September 2024 | 12 replies
Once you reach E5 use the BAH base allowance for housing to start REI.