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8 May 2024 | 14 replies
Ok, so it would have to be purchased, fixed up, and placed on AirBnb, etc before the end of the year if I'm understanding that correctly.2.
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10 May 2024 | 6 replies
The risk you run with this model though is you would risk being over leveraged since your using 100% debt, and you would need the property to have a high cashflow amount each month to cover Capex, insurance, debt service, and your normal expenses associated with the property (property management included).
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9 May 2024 | 14 replies
Otherwise, assuming you own it outright, you should be able to get a short term hard money loan for the amount needed anchoring the loan with the property!
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9 May 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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6 May 2024 | 2 replies
My brother just closed on his house in Italy. 3.3% fixed for 10 years. $235,000 euro loan.
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9 May 2024 | 13 replies
I'm so used to always packing my screw driver and misc tools bag I was packing them for my work trip.....Yes whenever we go to one of our places we are fixing stuff, or hiring people to fix stuff, or writing down stuff to fix in the future.....But we do take time to relax too.
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9 May 2024 | 6 replies
What are your thoughts on this amount?
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9 May 2024 | 4 replies
The lender plans to finance 80% of the purchase price and 100% of the renovations for my property, which is approximately 3000 square feet, renovation loan amount of around $50,000.
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9 May 2024 | 5 replies
Offer move-in incentives (hard dollar amount, not a percentage)4.
9 May 2024 | 3 replies
Many lenders typically require a minimum loan amount of $75,000, allowing you to access up to 75-80% of the property's value, provided that the DSCR ratios meet the lender's requirements.