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4 September 2013 | 1 reply
I repeatedly asked my new lender "Are you getting feedback that this deal is something your bank has an appetite for at this time" and his response was "oh yes, don't worry I am your man on this transaction".After 3 weeks he took the request to loan committee and I was anxious to hear the response.
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6 September 2013 | 11 replies
Many of my local banks also only have a limited appetite for SFR rentals and so after about 4 or 5 I start utilizing another local bank.
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2 April 2013 | 9 replies
It definitely is the thing that fed my appetite for REI and gave me the bump I needed to get more interested and involved.
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3 March 2015 | 24 replies
You keep track of less files and earn more money and the capital market has an appetite for it to deploy capital in larger chunks at a time.
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29 April 2015 | 31 replies
In the market over the years since 2008 where investors have become an increasing percentage of the buying pool, the limitation of the number of renters has depressed the condo prices in the developments have restricted renters.Another phenomenon that has occurred is that condos have raised fees to build their reserve funds.The combination of renter limitations and increased condo fees have also suppressed sale prices in those developments.All is not lost as there are other sources of financing than FHA.
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23 March 2014 | 11 replies
This wet our appetite for real estate investing.
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15 March 2014 | 1 reply
When I bought my duplex in December, the owner wanted to move out of the state to retire so he was motivated to unload the property.I would say that middle to lower tier areas typically cash flow higher due to the suppressed valuations due to the negative stigmatism.Typically sfhs appreciate faster than duplexes due to the diverse reason involved in sfh purchases ( finding the perfect school, cuteness factor, commutes etc).
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26 July 2014 | 25 replies
However, since I'm just starting out, my risk appetite is less and I'm looking for rental properties that are close by and ones with easier exit strategies.
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23 July 2014 | 6 replies
Listsource will only keep my list for so long before they delete it and then I cant suppress those names from new list.
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25 June 2014 | 73 replies
This is a very unique situation (in my opinion) and is probably only possible because of our previous relationship (and their current appetite).