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12 February 2025 | 29 replies
In contrast, partial note investors invest in a portion of the loan’s yield, with no single investor holding a priority position over others.
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29 January 2025 | 25 replies
The utility company missed an appointment and no communication from them or action to even reschedule.
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8 February 2025 | 4 replies
Why are there no tag lines from say 2xx to 1,000 on the podcasts?
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1 February 2025 | 1 reply
This is all despite the fact that they've made no improvements to the properties since acquiring them, and local property value indices only have about 15% appreciation for property values in the last 2 years for my area.
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22 January 2025 | 8 replies
@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.
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23 January 2025 | 4 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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23 January 2025 | 1 reply
Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.
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27 January 2025 | 6 replies
My company offers fast-closing, no credit/bad credit loan packages in 44 states and referrals in the other 6.
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8 February 2025 | 17 replies
Very few investors (young or old) started out no $$$.
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5 February 2025 | 5 replies
Plus, if you have the ability to do another FHA 203k, it's a no-brainer.The low down payment is unbeatable, and then add on that the bank will all finance the renovation!