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9 May 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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9 May 2024 | 0 replies
Re-sells are having a hard time competing bc Hortons Lender is offering much lower interest rates plus $$$ toward upgrades/buydowns/closing costs.Anyways just thought I'd share what is going on in my market!
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9 May 2024 | 0 replies
cash Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
8 May 2024 | 2 replies
There are limited comparable properties / businesses for sale in the area.
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9 May 2024 | 159 replies
I'll see how this lines up with 15% ROE and compares to my stocks and index fund returns.
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9 May 2024 | 2 replies
Just want to be careful on which broker/lender you use because some of them have a prepayment requirement and try to stick you with a 3-5 year prepay.There is also a 40 year I/O interest only but its only fixed for the first (10) years.Make sure you know how many months reserves they require before you get to deep into paying for the appraisal and then find out the deal is cancelled in underwriting.
8 May 2024 | 24 replies
I kind of assumed that lenders evaluate the property based off income and that the previous tax returns for the property would be worthwhile to provide them?
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9 May 2024 | 0 replies
minor rehab and tenant stabilization Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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9 May 2024 | 4 replies
Additionally, I collaborate with various lenders to facilitate transactions.
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8 May 2024 | 8 replies
Echoing what Nathan said-make sure you compare the scope of work both are planning on doing and vet your person.