Timmy Chen
New Construction Homes Pros and Cons
1 June 2024 | 5 replies
Brand new homes typically don't produce enough income to justify the purchase price, particularly in today's market.
Christopher Cronin
REIPro
4 June 2024 | 54 replies
I have test run a number of these programs and this is the one I have purchased.
Ian Funnell
How would you structure this deal?
1 June 2024 | 2 replies
I'm willing to oblige as long as I get favorable terms.The goal of purchasing the property is for investment purposes.
Elizabeth R Matthews
1031 Exchange in Virginia
1 June 2024 | 7 replies
If you start a 1031 exchange now, think of it as a purchase option that gives you the right to defer your taxes if you find the right property by July 15.
Zach Knoll
Do You Manage Your Property or Hire a Manager?
29 May 2024 | 20 replies
Your PM using forensic tools can save you thousands $$https://snappt.com/blog/tenant-fraud-statistics/https://www.quora.com/Where-can-I-purchase-a-new-clean-ident...https://www.safetydetectives.com/blog/dark-web-the-average-c...
Vladimir Kotomin
Looking to execute my first 1031 exchange
1 June 2024 | 10 replies
Interesting ideas; most residential investors are not considering a practical issue with 1031s - you are operating under strict limitations on the purchasing side and it forces your hand and you end up overpaying on the purchase side; the (small) tax advantage gained are often not worth it.
Dennis Cobos
Short Term Rental/Vacation Home Mortgage Recommendation
1 June 2024 | 8 replies
@Dennis Cobos, following what Luke said, most lenders should be able to offer this as 10% down is standard for a conventional second home purchase.
Jared Vidales
Calling all RV & Boat Storage Operators!
2 June 2024 | 10 replies
Non climate controlled will come out at $24 per square foot but that is largely due to my $4 per square foot purchase price.Hopefully others with more recent (or stand alone RV/boat storage) will chime in to confirm or deny this but I do not think your numbers are going to differ all that much from a traditional storage underwriting.
Sheila Nyandebvu
No Settlement Statement Provided
1 June 2024 | 4 replies
I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal.
Greg Hodges
Private Lending with ConnectInvest
2 June 2024 | 10 replies
•The Notes will have a stated, fixed interest rate, ranging from 7.50% to 9.00% depending on the series of Notes purchased.