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20 February 2024 | 6 replies
Housing is approximately 35% of cpi (inflation number)Housing while it’s based on current rents is lagging based on how it’s calculated.So to get to 2% inflation what do you think has to go down???
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20 February 2024 | 6 replies
Loan approval is mostly based on projected rental income, similar to commercial properties.Disadvantages - higher interest rates and can be a riskier investment.
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21 February 2024 | 9 replies
It feels like one requires the other...refi requires good credit...good credit requires the refi...Does someone have some insights as to how to do a home equity line of credit based on an appraisal and with a low credit score?
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21 February 2024 | 6 replies
If they do they can pull data for you and market analytics.Of course there is a lot more that goes into it once you get that data but based on your question - that is how I wouldProceed.
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21 February 2024 | 0 replies
The most observant owner/operators understood that local matters and people matter.At Auben, our core philosophy has always been based around local experts.
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20 February 2024 | 4 replies
People that work for you as a closer usually wouldn't have their name anywhere on the contract, etc, you are just paying them based upon your commission agreement with them.
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20 February 2024 | 6 replies
What was offered to me personally was a DSCR loan, since it's based on rental income of the property you're trying to get a loan on, not previous and current personal income.
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20 February 2024 | 0 replies
Is there a certain cost per unit I can expect to pay based on the condition of the building?
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20 February 2024 | 14 replies
Hi Wade,DSCR loans are business-purpose loans that qualifies lenders based on their credit score and rent/debt ratio (rent/PITI).
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21 February 2024 | 0 replies
Nationally, the numbers should be down at least -20%, based on permits.