Daniel Afonso
The Global Data Protection Enforcement Awakening
8 October 2024 | 0 replies
Whether it’s through customer databases, CRM platforms, property management software, or digital marketing efforts, real estate companies routinely gather personal and financial data for sales, leasing, and property management.
Corey Crowley
Question about cash out refinancing
15 October 2024 | 12 replies
You can look at individual loans (conventional or DSCR) or as a portfolio.
Maggie Hanner
Orange County Investing
10 October 2024 | 6 replies
You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.
Dana Yobst
NC LLCs & anonymity
8 October 2024 | 5 replies
The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.
Frantz Simon
Seller financing options
11 October 2024 | 6 replies
Don't be discouraged if there is a lot of push back from sellers or agents at first, many of them aren't familiar with seller finance deals or have situations that can't be solved with seller financing (for example, as was mentioned above, they may need a more conventional offer to pay off their house and buy another one).
Matthew Wright
Building cost of 12 units. One big building or duplexes
11 October 2024 | 11 replies
All 16 units would have to remain on same lot/deed forever (so in terms of value, I can’t capitalize on the duplexes being sold to conventional non commercial buyer) think financially it would be nice to phase it out one duplex at a time.
Tanner King
First time homebuyer starting RE investing journey (House hacking multifamily)
11 October 2024 | 8 replies
AND you can know put as little as 5% down on a conventional loan, which is a better loan anyway if you can manage the extra 1.5% down, does NOT have this test for 2,3 or 4 unit buildings.
Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
10 October 2024 | 19 replies
It's since been resolved4) I had planned for 2% Closing Costs, but the Closing Costs are actually 5.3%, which is quite the chunk of change that I was not planning on. 5) I also had found out 3 days ago that this was a DSCR loan, not a conventional loan.
Jonathan Ludizaca
Looking to start investing
9 October 2024 | 5 replies
They recommended we do the conventional loan, what are your thoughts on the process buying a multifamily with conventional loan and just start renting all the units out.
Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Tech and AutomationProptech Trends: Automation tools, including property management software, dynamic pricing algorithms, and remote monitoring, can help streamline operations, especially for mid-term rental properties with frequent tenant turnover.Digital Marketing: A strong online presence and effective digital marketing strategies can boost visibility and help you attract mid-term renters.