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16 August 2024 | 1 reply
I got an email a few days ago from them about some really good mortgage terms.I was wondering what those new builds can rent for in these areas.Thanks in advance
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16 August 2024 | 19 replies
I think I know who the new CPA i will be..LOL.
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16 August 2024 | 8 replies
However, a quick glance at Zillow reveals some new or decent condition rental listings lingering for over 30 days.
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16 August 2024 | 6 replies
The time to build new might take you a year or likely more.
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10 August 2024 | 5 replies
Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow.
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18 August 2024 | 3 replies
We've had several recent borrowers tap their primary equity for a down payment on a new second home or investment properties.
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17 August 2024 | 3 replies
You thought an extra $240k, they thought an extra $300k, and you settled on $270k.The new taxation for the seller is:- nothing now- if exercised in 2025, they sold the property for $330k in 2025- if expired in 2025, they keep your $60k and report ordinary income of $60k in 2025
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16 August 2024 | 7 replies
I run a wholesaling company that markets in the northeast part of FL and I am looking for a new PPL company to buy "motivated" leads from.