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30 April 2024 | 4 replies
It might state you are applying at ABC Bank for an 80% LTV loan with up to an 8% interest rate with a loan of $XXX,XXXSo, if you don't qualify for that loan, or you cannot get the interest rate stated, or maybe the appraisal is too low to an 80% LTV loan for that amount then you can break the deal because you can't get the financing you anticipated but instead you are CHOOSING (based on advice of the loan person) to switch lenders.
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30 April 2024 | 16 replies
The cookie-cutter projects in Tulum have had lower occupancy rates due to various factors.
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1 May 2024 | 16 replies
I have the highest success rate at getting my client's issue resolved over the phone whenever I call them.
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29 April 2024 | 7 replies
I was thinking of doing rental properties near college towns as I think the income would be steady and minimal risk.What sort of capital is needed to get multifamily properties in B rated areas?
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1 May 2024 | 22 replies
Down the line if you start to have too many properties to self manage, increased rents/lower interest rates may allow you more room to do so.
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29 April 2024 | 1 reply
As far as what I do, I am a funding specialist and work closely with real estate investors to raise capital tax-free by using a specially designed holding account that grows your money between 5%-10% of interest and when it is time for you to pull the trigger on the next property purchase, you will enjoy a much lower lending rate of 3.5% - 4.5% on time for their next property.I've been doing this for 9 years and have worked closely with real estate investors for the last 4 and a half.About my future goals, I am interested in partnerships with other investors within the local area (Bay Area).
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30 April 2024 | 1 reply
Pete that is currently rented out to long term tenants paying below market rental rates.
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30 April 2024 | 7 replies
This doesn't mean you're stuck to conventional/ FHA, although those will give you the best terms (lowest down and best rates). there are NonQM options you could look into as well.
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2 May 2024 | 29 replies
According to BiggerPockets, they rated Fayetteville as one of the top 10 cashflow markets.
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30 April 2024 | 14 replies
I believe that this is due to (finally) rising interest rates deflating asset values, which is highly correlated to the exponential increases in income for top earners like CEOs, executives, money managers, RE investors, and Private Equity Groups.To me, the only logical stance is "rational optimism" (I heard this term from Morgan Housel).