
16 May 2024 | 3 replies
The only way to know for sure is to try different ones and track your response/deal rates.

16 May 2024 | 0 replies
Overview:Address: 3960 Pleasant Shade Dr, Atlanta GA 30340 (Have owned for since Nov 2016 and depreciating)Details: 3 bed 2.5 bath 1,847 square feet (None of the photos online are current)Principal Owed: $232,000Mortgage Rate: 3.375%Monthly Payment: $2,010 + $250 for landscaping and pest controlCurrent Rent $2,450 a monthProjected New Rent: $2,750-$3,000 a monthPotential sales price $450-500k.

16 May 2024 | 2 replies
Given you have such a low rate on your mortgage, you may be able to get some cash flow if you rent it out.

16 May 2024 | 7 replies
Without knowing much about the project you're looking at, that's where I'd look in the modelThank you, still going through with fake numbers and entry/exit cap rates to make sure the formulas work correctly.
13 May 2024 | 2 replies
Hey Bp,I have an adjustable rate heloc that started out with a super low interest rate when we first got it.

14 May 2024 | 4 replies
Meaning if someone gives you $500k and you only are using $100k, you are still going to be paying some fees on the $400k because the lender needs to keep that cash on the sidelines.You are better off getting either DSCR loans for each or hard money at 12 months and interest only with extensions but realize that money will not be cheap.

16 May 2024 | 14 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.

16 May 2024 | 19 replies
On the other hand, sometimes it irks me when I book a 5 star rated place and it's disgusting inside and the beds are awful.

16 May 2024 | 15 replies
Renting the entire property comes at a flat rate of $1500.We've received interest from a female nurse specifically for the master bedroom, but she prefers not to share the space with a male tenant.
16 May 2024 | 4 replies
You could probably just do a long term loan instead if the repairs are not heavy with a better rate and fees.