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13 January 2025 | 4 replies
In FL flood is typically the main cause along the coast.
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13 January 2025 | 8 replies
Each jurisdiction is different, but typically include a substantial deposit due same day up to full price deposited that day.
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16 January 2025 | 1 reply
. - Production: Typically STR production on the Oregon Coast is +/- 10% of valuation.
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14 January 2025 | 15 replies
No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis
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11 January 2025 | 13 replies
One thing I am curious of - typically many of the hard money lenders will charge a 1-3 year pre-payment penalty in these types of scenarios unless your client paid points to not have that pre-payment penalty.
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9 January 2025 | 5 replies
Most out-of-state investors looking at Detroit are typically focused on cash flow, which means they're usually targeting C or C+ neighborhoods.
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13 January 2025 | 5 replies
Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.
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19 January 2025 | 18 replies
But that's typical with new builds here.I think Elan was smart to list at 1800/month, but I do not agree it was under market - the fact that his rented quickly and there are others sitting for more than 100+ days tells you that 1800/month is exactly market value."
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11 January 2025 | 14 replies
Those horror stories are typically from amateur landlords that don't know how to screen tenants.
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20 January 2025 | 62 replies
Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.