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8 May 2024 | 4 replies
For wholesale purposes you will find distressed properties that when fixed are still in affordable price ranges for end buyers especially with where rates are, or work on DSCR products.
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8 May 2024 | 20 replies
Specially at this current interest rate.
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5 May 2024 | 1 reply
First Heloc rates are double of what mortgage rates with an average of 9.50% up to 15%.
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8 May 2024 | 13 replies
Now if you have a place that is short term say in summer and mid-term winter because you get a significantly higher rate in one season for STR that makes sense.
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8 May 2024 | 33 replies
Galv will leak & water pressure will be the biggest gain.Often when we look at a property & see galv we drop the offer at least $5k.
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8 May 2024 | 9 replies
Just because they have some cool letterhead and a "business" doesn't mean they aren't working outta the back of the white van...next to the speakers they sell.I would charge a 25% premium over going LTR rates.
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7 May 2024 | 4 replies
The tenant pool is pretty decent in most areas for nice rentals as rates have pushed up smaller buys too high for first-time buyers in some of the towns.
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8 May 2024 | 9 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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7 May 2024 | 3 replies
PML are giving very high interest rates of 10% plus.
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8 May 2024 | 7 replies
If you haven't purchased the course yet, definitely PM one of my friends has a company that offers the course at the best rates and with great instructors.