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5 March 2024 | 0 replies
Found this deal through listing services and negotiation process was more lenient than I wanted it to be.
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5 March 2024 | 7 replies
My main reason for not wanting to take a smaller % is I want it to be worth my time and energy put into the property.
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5 March 2024 | 4 replies
Mods, if this is in the wrong area please move or delete.I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing.
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4 March 2024 | 0 replies
I gutted the main house and rebuilt it.
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5 March 2024 | 34 replies
Ask your HR department if your company supports an in-service rollover of your 401K to an IRA (which can be a self-directed plan if that's what you want).https://www.401krollover.com/what-is-in-service-401k-rollover-plan/Once I reached a certain age (late 50s), my 401K plan allowed for an in-service rollover.
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5 March 2024 | 70 replies
Some main st village type property, mixed use with store fronts etc.
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5 March 2024 | 25 replies
I personally don't like pay too much attention to ProForma as I can't predict the future so I usually just like to know if cash flow is good AND more importantly if I'm financing, if the DSCR (debt service coverage ratio) is high enough to safely qualify for financing (usually above 1.2).
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4 March 2024 | 7 replies
Right now DSCR is really the main product for STR
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5 March 2024 | 199 replies
@Frankie Woods Thanks for the reply and for your service to our country!
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4 March 2024 | 2 replies
It's free to create an accountAttom Property Data is something my old office used and paid for and was pretty great resource for foreclosures and lispendences.Usually county courthouses will display property data on their websites or you can see it posted there in person ( Free)Property Shark is paid but pretty useful up here in NYC as well.Free is always nice and as someone who's been privileged enough to used the paid services I would add that if you can afford it, pay for a service for a month or so.