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8 March 2024 | 3 replies
Hey Everyone ,Am new to real estate wholesaling and i want to start in Nashville TN and am based in Egypt and I want to wholesale virtually in the US .
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8 March 2024 | 8 replies
Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.
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8 March 2024 | 14 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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9 March 2024 | 17 replies
Could it work as a rental in those areas sure probably could if the numbers worked out, but your tenant base is not going to be the same as say Spanos area ,Stonewood ,Caldwell some areas around Lincoln, Brookside.
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5 March 2024 | 5 replies
Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point.
On the 15 yr fixed mortgage's I use, that comes out to about $250/month in interest payments, or $3,000/year....
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8 March 2024 | 6 replies
That $50K likely elevated your value by $100K-$500K, based on your payback term.
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8 March 2024 | 77 replies
I purchased the program based on the assumption that the skip tracing would be an integral part of the program.
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6 March 2024 | 0 replies
They give potential buyers a visual representation of the property and help them imagine living there.To use high-quality photos, follow these tips:Hire a professional photographer or use a high-quality cameraUse natural light to highlight the property’s featuresTake pictures from different angles to give a complete view of the propertyEdit the photos to enhance their quality and appealRemember, your photos should showcase the property’s best features and make potential buyers want to see more, so ensure to capture the most unique or most appealing parts of the property.
8 March 2024 | 13 replies
I won’t be looking to re fi those anytime soon because my interest rates are so low with them but when I do my current lender has said they will be limiting how much they will lend based on the properties tax returns.
5 March 2024 | 6 replies
You denied them based on the information on their application.