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8 May 2024 | 9 replies
Just because they have some cool letterhead and a "business" doesn't mean they aren't working outta the back of the white van...next to the speakers they sell.I would charge a 25% premium over going LTR rates.
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7 May 2024 | 4 replies
The tenant pool is pretty decent in most areas for nice rentals as rates have pushed up smaller buys too high for first-time buyers in some of the towns.
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8 May 2024 | 9 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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7 May 2024 | 3 replies
PML are giving very high interest rates of 10% plus.
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8 May 2024 | 7 replies
If you haven't purchased the course yet, definitely PM one of my friends has a company that offers the course at the best rates and with great instructors.
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6 May 2024 | 0 replies
For anyone who's serious about getting into multifamily, I'm selling my discounted ticket to Veena Jetti's Masterclass!
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7 May 2024 | 8 replies
This places you in the third tax bracket, with a 22% rate.
7 May 2024 | 1 reply
I don’t see the sense in paying off my own house at presumably low interest rates, and exchanging that for a higher rate, variable interest line…unless I have a really good plan for not losing my house.
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8 May 2024 | 4 replies
Our strategy is to improve the property and raise rents above the HUD rate.
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6 May 2024 | 30 replies
I believe there are high interest bearing amounts that are similar to CD rates but they give you the flexibility of having all the funds available to you immediately.