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24 April 2024 | 3 replies
That way you can use that 2% to do a rate buy down to ensure a better cash flow.If you are buying it as a Primary owner occupancy I would ask for 3-4% seller credit to cover rate buy down and a portion of closing costs.
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24 April 2024 | 5 replies
So I’m wondering if anyone has experience with other property investment friendly insurance companies with good rates before I start shopping around.
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24 April 2024 | 7 replies
I’m assuming that I’d have to personally guarantee the mortgage as the LLC is fairly new (18 months) and the cash flow from the property is not especially compelling given the current high interest rates.
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25 April 2024 | 27 replies
I've had my surveyor do just one line before for a discounted price.Here is a good story on getting a survey.
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23 April 2024 | 8 replies
It's the only brokerage that gives you stock at certain intervals and allows you to purchase it at a discount.
24 April 2024 | 7 replies
That flips as you add units, anything 5+ for example the market for buyers is near 100% pure investor - so value will be mostly determined by rental potential (cap rate)
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24 April 2024 | 42 replies
Too often STR owners are looking at extremely high occupancy rates like nothing will ever change.
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24 April 2024 | 1 reply
Hello,I live in a pretty hot market, with very low vacancy rates and high property demand.
24 April 2024 | 2 replies
With current rents and purchase price, it has a cap rate of 8%.
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24 April 2024 | 5 replies
I think the general consensus with todays rates and prices is that cash flow is not that amazing in any market.