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16 February 2025 | 29 replies
If you've never done rentals before, I'd be careful with how you start.
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16 February 2025 | 9 replies
Although I’m guessing most people in this position would use Wordpress or something more customizable.
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13 February 2025 | 5 replies
Most DSCR lenders actually prefer you to own the property in an LLC, although some do allow you to close in a personal name.
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17 February 2025 | 13 replies
I like it because I only need $5K for each deal (although I can put in more).
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6 February 2025 | 7 replies
Only thing I'd say is that I've seen a slight tightening of the market as more people hear about the model.
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26 February 2025 | 23 replies
I'd challenge you to scroll through the forums here to see all of the self managers who are dealing with nightmare tenants and situations in order to save a few bucks per month on PM.
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12 February 2025 | 17 replies
But my gut might be saying no, the following are my thoughts and I'd love feedback:*Not sure a bump from 7 to 9 guests would meaningfully increase nightly rates.
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26 February 2025 | 30 replies
(now, in my later years, I'm much more cash flow oriented - although I do still reserve a certain amount of capital for "value added" or intermediate term appreciation type investments).
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11 February 2025 | 4 replies
Based on my research, several lenders stand out, but I’d appreciate firsthand experiences.Key Considerations:Loan Terms: Fixed rates up to 35 years, interest-only periods (e.g., 10-year interest-only options), and non-recourse structures.Competitive Rates: Recent transactions show rates ranging from 2.69% to 4.65% depending on LTV (55%–80%) and property type.Lender Specialization: Some lenders excel in specific areas:Greystone and Walker & Dunlop lead in Fannie/Freddie volume and large-scale refinancing.Arbor Realty Trust is praised for smaller-balance loans and flexibility.CREFCOA offers streamlined refinancing with 45–60 day closings and cash-out up to 80% LTV.HUD 223(f) loans provide 35-year fixed terms, ideal for stabilized properties.Questions for the Community:Have you worked with lenders like Greystone, Arbor, or Freddie Mac?
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21 February 2025 | 28 replies
Where I'm at in KC is pretty good (although nowhere near what it was).