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24 June 2024 | 1 reply
Furthermore, delaying decisions may prevent both parties from pursuing new opportunities aligned with their respective goals.Evaluate your long-term financial objectives and personal aspirations for the portfolio.
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24 June 2024 | 20 replies
You can ask the seller for their payment history, whether late fees were paid, and application info, in the past the seller has given me a file containing all communication with the current tenants at closing.Kelly
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24 June 2024 | 4 replies
Every meeting you attend and every person you meet will be another building block in your success story.
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24 June 2024 | 4 replies
This is considered a personal home - even though it has rental income, so you only have to have 3.5% down frequently, not the 20% down it takes to buy a true investment property.
23 June 2024 | 25 replies
.- I get what you mean about knowing your market, but we are all nerds here at bp while the average person is just trying to get into real estate or make some moves to help their financial situation so when they see an "expert" say something it carries weight.
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22 June 2024 | 12 replies
Most work this way 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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22 June 2024 | 7 replies
Do you have access to the paid version of airdna to find comparable properties that are cash flowing at 500-650 a night?
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22 June 2024 | 129 replies
Someone paid $1.2 million for this in 2022.
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24 June 2024 | 7 replies
I personally enjoy a misting fan on my patio.Here are some data points below: prices are steady and rates as well; not too much change in the market this far.
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24 June 2024 | 14 replies
As far as financing - I personally like the local banks.