Clayton Silva
Loan Products You Might not Know Exist
19 April 2024 | 2 replies
30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!
Karthik Natarajan
Multi Unit Property Tax Estimation
20 April 2024 | 2 replies
They should be able to provide you with the most accurate information regarding property tax rates for the specific property you're interested in.
Collin Mitchell
Anyone have experience with Lennar Mortgage?
17 April 2024 | 7 replies
The rate is the same or slightly higher but comes with a $9K discount per house.
Hoa Nguyen
HELOC vs Hard Money for a flip
19 April 2024 | 11 replies
I have a 5yr draw period at a 10.95 rate.
Aaron May
Championsgate vs Reunion for short term rental investment
20 April 2024 | 9 replies
I encourage you to go on Airbnb and HomeAway/VRBO and look at the homes that are renting the best at the highest rates and emulate them.
Karthik Natarajan
Property tax estimation
19 April 2024 | 3 replies
Hey @Karthik Natarajan:The Franklin County Tax Assessor website (https://www.qpublic.net/ga/franklin/) will tell you the current assessed value of the property, the tax rate (i.e., millage rate), and estimated property tax.The Franklin County Tax Commissioner website (https://pay.franklincountyga.com/) will tell you the actual property taxes for the current year and previous ones.
Melanie Hernandez
Who has a successful Airbnb rental abritage
20 April 2024 | 19 replies
What kind of nightly rates, occupancy and amenities do they have.
Frank Barletta
Reviewing the Rental Market Opportunity in Parma, OH
19 April 2024 | 4 replies
This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.
Christopher Williams
CASHFLOW any area that’s ideal?
19 April 2024 | 1 reply
rent by the room, rent by the unit (small MF), rent out an ADU, etc.If you plan on renting by the room, then maybe more square footage and potential rooms to rent.If it is small multi-family, then you can look at similar size rentals to see what their market rates are or use programs like Rentometer.com or BP rental rate calculator.
Sam Kahl
Checklist for Buying Tenant Occupied Properties
20 April 2024 | 6 replies
Review the seller’s maintenance records to identify any existing issues or potential problems.Do your financial analysis to factor in the current rent, estimated vacancy rate, maintenance costs, property taxes, and insurance to determine the property's projected cash flow.