30 March 2024 | 24 replies
What you get the money for from your lender based off your qualifications like credit and loan to value ratio, with no cost would be called "par" rate... and from there, you can either buy down to get a lower rate, or you can take a higher rate to get a credit applied to the cost of your loan by the lender.A par rate is simply the rate that you get without having to buy the rate down while also getting no lender credit.
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28 March 2024 | 6 replies
.: $2,757-If you were to assume the loan and I carried the second note at the above terms your monthly PITI would be: $2,027Saving: $8,760 per year.Scenario 2:-If you were to bring the same $115,000 as a down payment on a conventional loan you would pay: $1,992-If you were to assume the loan and bring cash for equity position your monthly PITI would be: $1,300Saving: $8,304 (with no need to refi in the future)Since this is a hypothetical situation I'm going to give my number based on nat. average homeownership of 13.2 years.
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28 March 2024 | 3 replies
You can boost your ADR by optimizing listing details, adjusting pricing based on market data, improving property appeal, and leveraging positive reviews.
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28 March 2024 | 6 replies
Not sure whether you ultimately invested here and know nothing about Simm Capital but based on what you shared the first question you should be asking Simm Capital is where do the 10% dividends derive from?
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29 March 2024 | 75 replies
I've heard from others that the tenant base might be a little challenging so that's a no for me.
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30 March 2024 | 18 replies
Even though he has an American military APO address, he's not picking up the Registered mail package from the base.
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28 March 2024 | 9 replies
@Hayden Charles LangenburgPick up the phone and start cold calling.
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28 March 2024 | 0 replies
Consider this scenario; SMFL, a Japan based entity under the Sumitomo Mitsui Financial Group, Inc.
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28 March 2024 | 7 replies
I'm an investor and cash buyer based in the metro Atlanta area, currently managing one rental property and actively seeking new investment opportunities.
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28 March 2024 | 0 replies
My efforts were rewarded with a snowball effect of success, culminating in the realization of my long-awaited dream – opening my own commercial and residential real estate brokerage and property management company at just 25 years of age.With each passing month, my client base grew, and my reputation as a trusted advisor in the industry soared.