
19 February 2025 | 7 replies
The early bird registration is a fantastic chance to secure a spot and take advantage of the discounted rate.

19 February 2025 | 4 replies
Opt for loan terms and interest rates that you can comfortably manage.Build reserves: Set aside cash reserves to cover unexpected expenses, like vacancies or repairs.Consult with professionals: Seek advice from real estate agents, lenders, attorneys, and tax professionals to ensure you're making informed decisions.Remember, there's no one-size-fits-all answer.

18 February 2025 | 9 replies
The reason I say this is that with a 5+ unit a lender will evaluate based on NOI and a cap rate, so adding a 5th unit COULD (or could not) substantially increase the value of the building and make it worthwhile to refinance and pay off the existing loan (that is tied to the "old" quad) anyway.

24 February 2025 | 37 replies
What you also not considering is the D.C. area absorption rates.

11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?

11 February 2025 | 2 replies
If AYPO isn’t engaging, consider switching to AceableAgent or Champions School of Real Estate—both are highly rated in Texas for interactive content and exam prep.

7 February 2025 | 3 replies
Was going for the best cost-of funds (lower rate)

15 February 2025 | 2 replies
A few may just want to be a PML and get the agreed upon interest rate.
13 February 2025 | 9 replies
Rents, yes 100% I do adjust billing and it is above standard tenancy rates because they are doing it for business revenue.