Luis Fajardo
New-home sales hit a high in 2024 with builders responding to market demands! Learn
27 January 2025 | 0 replies
New-home sales hit a seasonally adjusted annual rate of 698,000.
Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
Yes quite a few of our 5,000 options have rate and term or purchase!
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
While they generally have higher market Cap Rates than Class A properties, it is still variable whether they will have good cash flow or be an appreciation play.Class C Property:Continuing down the scale, Class C properties are generally 20 to 30 years old, and pull in blue-collar and moderate-to-lower income tenants who will generally be renters for life.
Jade Frank
New to real estate investing
31 January 2025 | 7 replies
Since interest rates are now higher than the mortgage on your current home, you'll want to calculate that monthly difference.SIMPLIFIED Example: current house mortgage interest rate is 3%, balance $250k.
Brad Kremer
How to access equity for HELOC on MFR duplex in TX?
27 January 2025 | 3 replies
I don't want to refinance because my current rate is under 5% and doing so ruins the cash flow I've got right now.
Kaushik Sarkar
Scaling your portfolio
26 January 2025 | 2 replies
Quote from @Kaushik Sarkar: I’m exploring strategies to scale my real estate portfolio given the current mortgage rate Not sure much makes sense at 11%...Ouch....tough enough at 7.5% Might have to put more than 20% down to finance....maybe 30% in North Texas.
Jimmy Rojas
Will Trumps presidency benefit small RE investors or people just starting out?
25 January 2025 | 2 replies
Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me?
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
You may be better off refinancing with a cash-out mortgage and then financing the new property.
Dillon Clark
Some questions about future investment
30 January 2025 | 6 replies
@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
If It is a wholesale DSCR lender that also does TRID loans, they might require a bit more paperwork, such as a VOM, mortgage statements for properties currently owned, and credit supplements on mortgages on your credit report.