Jian Li
Is 'Days on Zillow' paused if I pause my rental listing for a couple of days ?
8 April 2024 | 0 replies
Is the 'Days on Zillow' counted although the listing off-market for a couple of days ?
Douglas Middleton
HELOC 1st Lien Position
8 April 2024 | 39 replies
Sounds like you are getting a HELOC against your house, use proceeds to pay off the loans on the rentals, then get lines of credit against the rentals?
Jessie Cervantes
Best approach for foreclosure?
8 April 2024 | 3 replies
You don't want to add insult to injury by offering to buy their house off the bat including offering to do a Subto.
Luis Bencomo
Looking to start in Real Estate with a duplex and house hack it
8 April 2024 | 5 replies
3) Would it be better to buy something off-market and fix whatever is needed or buying new construction?
Jared Davis
Purchasing First Rental Property
9 April 2024 | 11 replies
The number usually varies from 10-20% depending on credit score, property analysis, etc.Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab.Once the property is ready you can sell it or if you want to keep the property as a long term investment, you can underwrite the loan based on your income /debt to income (DTI) ratios or you can go the DSCR route where the loan is underwritten based on the actual or market rents from the appraisal.DSCR loans won't use your income to underwrite the loan.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.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Wei Xia
Airbnb (short-term rental) managing in Kansas City, Missouri
9 April 2024 | 24 replies
From most OOS investors I am speaking to this is where most of the attention is, so be prepared for competition - seems that this forum was revived from the dead but to answer the original question with a few practices you can manage the air-bnb yourself to get higher occupancy, I would recommend educating yourself on tricks for the platform those will make the biggest difference - definitely helps having someone take care of your air-bnb account and for completely hands off investing do that but just previewing/welcoming who comes in can be done remotely in a professional manner I have seen it done in multiple states.
Jeff Daring
Does it make sense to invest in this market?
8 April 2024 | 4 replies
I have been trying to find properties in the Rochester, NY area off and on for the last 2-3 years.
Trenton Lukenbill
Need Some Advice From Other Area Investors
8 April 2024 | 2 replies
Maybe the solution is to do what we teach and buy "off market".
Luis Casas
Incentive for realtors who bring you leads for
8 April 2024 | 4 replies
If it is an off market deal and the realtor does not have any contract with the seller, the seller might not be willing to pay any commission to the realtor.
Nick Kramer
First Investment in Colorado Springs Area - Military
8 April 2024 | 23 replies
Anyway, don't get bogged down by cash-flowing right off the bat.