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2 May 2024 | 0 replies
Factors such as rising interest rates and an influx of new apartment units have contributed to challenging conditions.
2 May 2024 | 41 replies
Every single time you let a day laborer set their hourly rate, you can be damned sure it'll take them all day.
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6 May 2024 | 65 replies
With interest rates today and the lower than many markets rent that I am able to charge due to location I can’t cash out my equity on most of my properties.
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3 May 2024 | 3 replies
Most work like this: 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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3 May 2024 | 1 reply
Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.
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3 May 2024 | 32 replies
You can research the occupancy rates, rental rates, and average length of stay for properties near hospitals.
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1 May 2024 | 0 replies
Hello everyone, I went to school for finance, worked for chase for a couple of years, studied for my GC license and got it.
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2 May 2024 | 19 replies
Unless you are planning a DST (not sure if SDIRA's can hold this type of investment) which is similar to high rate bond investing depending on the rate of returns.
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3 May 2024 | 7 replies
Wisconsin's unemployment rate is about 0.8% below the US average.
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2 May 2024 | 6 replies
Is there a difference between different housing authorities like Boston housing or Salem housing in terms of their rent rates and smoothness of process?