Chris Seveney
What will happen if rates stay above 5% for the next 5 yrs
2 March 2024 | 10 replies
Interest rates are just one factor in the equation.You can offset high (er) interest rates by buying lower priced properties or fixers, or putting down more cash, or having a desperate seller do partial financing or buy down the rates...So if rates stay above 5% for the next 5 years I think 2 things happen: 1) More experienced/less timid investors have a huge advantage for a while, 2) eventually when everyone realizes this is the 'new normal' then things just go back to normal with slightly higher rates.But what do I know?
Mendy Melamed
Where to buy and hold a rental property
1 March 2024 | 4 replies
@Mendy Melamed depends on property Class you target and if you're paying cash or financing.Our Metro Detroit market offers many Class B and C opportunities that will positively cashflow, even if you buy putting 20% down and finance the rest.Please PM us for more details!
Nathan Harden
Calling All Creative Minded Individuals
1 March 2024 | 9 replies
I have thrown multiple offers at a seller that only wants to sell his properties via seller finance.
Chad McGibbon
Advice on maximizing equity in investment properties
1 March 2024 | 5 replies
During the last 12 month period, convert it to owner financing and refi with no cash out of pocket.
Adam M.
Financing headaches...
28 February 2024 | 2 replies
Where we are tripping up here is finding financing that makes sense!
Jacob Lopez
Running Cash Flow #s by the Four Square Method - Deal or Bust?
2 March 2024 | 16 replies
Get creative with financing, too.
Bonnie Low
Has anyone used Seabury Investments LLC for funding?
3 March 2024 | 53 replies
Thanks in advance. anything too good to be true is scam because all lender uses the same logic anyway lol.for example i can offer you 110%financing, but you have to transfer me $30K initiation/appraisar fee and then I would disappear LOL
Benjamin P.
How to find off market deals and subject to financing???
28 February 2024 | 6 replies
Hello,I am 23 years old and I have 20k, how do you find off-market deals and David Greene mentioned subject to Financing where you assume the mortgage.
Nathan Moore
Commercial/mixed use/mobile homeE
29 February 2024 | 0 replies
Never was able to get the cash together at one time to develop and ended up selling to my neighbor in an owner financed deal.
Charles Campbell
Now I just have to take action!
1 March 2024 | 5 replies
Make sure to vet your lender if you are going that route as STR financing can be challenging sometimes.