Kristina Lugo
203k Loan for multi-family first-time homebuyer
8 March 2019 | 18 replies
As @Zack Karp mentioned, it can be very challenging to pull of the perfect "BRRR" on a 203k loan.
Scott A Holman Jr.
Phoenix real estate opportunities
18 March 2019 | 6 replies
An appraiser will view the property and if the repairs are extensive they can be called out and create challenges.
Patrick Menefee
1% Rule in Practice Regionally
8 March 2019 | 57 replies
1% rule is definitely challenging to find in this market and depends on a lot of variables (price range, condition, condo vs single family, neighborhood, town, etc).Going slightly outside of Charlotte (Concord, Gatonia, etc) like @Joshua Davis did.
Account Closed
Finding Deals: An AVM for Multifamily
7 March 2019 | 3 replies
The long time and capital intensiveness for feedback in addition to the validity of an AVM over long time scales (when the market dynamics are nonlinear) are all important challenges to the strategy for sure.HouseCanary (https://www.housecanary.com/) has seemed to have a lot of success in the SFH segment, but it is unclear how well Enodo (https://www.enodoinc.com/) and GeoPhy are doing in the multifamily space (https://geophy.com/).
Ashley Wilson
Financing an Apartment via Institutional Funding
6 March 2019 | 8 replies
Every group has a different appetite, and it can be a challenge to match the right group with your specific type of deal.