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19 June 2024 | 18 replies
There are many other ways to qualify besides DSCR, like bank statement averages or even P&L statements that can offer lower down payments..check in with @Joseph Chiofalo he's a 20+ year mortgage colleague and can help with structuring and options.
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19 June 2024 | 7 replies
I always suggest to do the math backwards . see what the rents are and how much of a spread youd prefer to make over the mortgage payment and offer accordingly .
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18 June 2024 | 0 replies
Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.
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18 June 2024 | 5 replies
In some cases, I see that the buyer offers a substantially high price on the property to entice the seller, but that price is offered as a balloon payment in 5, 10, or 15 years.
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18 June 2024 | 18 replies
Seeking partners who possess a keen understanding of local real estate dynamics and can offer valuable insights into promising investment opportunities.
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18 June 2024 | 2 replies
These are very large legal documents that describe in detail the deal and how it is structured.
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17 June 2024 | 4 replies
We would like to know how to proceed and whether the truck's presence on our property means it is legally ours.
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18 June 2024 | 2 replies
With quicker transactions and less market saturation than traditional real estate, this niche offers unique growth opportunities.
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18 June 2024 | 6 replies
I'm in Minnesota and Farmer's Insurance offers pontoon coverage for a rental.
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19 June 2024 | 6 replies
I wonder what investors offer as a means not to have the sellers pay the gain all at once. etc.