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13 June 2024 | 8 replies
I'm coming across FB ads offering large lines of credit for businesses at zero percent rates, in other words, possibly eliminating the hard money lenders.
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14 June 2024 | 7 replies
Generally its likely not going to qualify for DSCR if it has any rehab, typical rule of thumb is no more than $2,000 in "deferred maintenance" or needed fixes/rehab on the appraisal inspection for a DSCR qualification.
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17 June 2024 | 16 replies
I am not aware of any hedge funds purchasing, most of the investors are mom and pop and will be using financing so the appraisal will be on the value based on comps, not revenue or future revenue.If your property is above average in condition and amenities and being offered furnished those things could get you a small premium but you will likely not get a buyer paying cash based on a multiple of past/future revenue.Good luck!
13 June 2024 | 4 replies
We just got offered a dream job that would move us out of state.
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14 June 2024 | 12 replies
We typically have about 30 professional women investors.
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16 June 2024 | 33 replies
I keep an eye on the forecast and warn guests about inbound weather, even offering that they can come a day early if the house is available.
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14 June 2024 | 17 replies
Good tenants typically take care of the property and stay longer.
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15 June 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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15 June 2024 | 5 replies
They are so sweet, I've made a few offers recently, trying to get back into buying more!
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13 June 2024 | 7 replies
Not going to lie, the amount of interest paid over the life of a typical mortgage is insane to me.