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19 July 2024 | 5 replies
I personally learned it by finding a local mentor, joining as a LP, learning the ropes and eventually graduating to the GP role.
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19 July 2024 | 53 replies
I know that :) I have great credit 740+ FICO, a few flips under my belt and this current project isn't complicated ($110k purchase price, $20k rehab for cosmetic fixes).They pulled credit before my term sheet was issued :( 90% LTV on purchase / 100% LTV on rehab (What they sent: 65% LTV on purchase / 100% Rehab)Rates starting at 7.49% for 12 mos (What they sent: 10.49% + 2.75% Loan Orig)We have a tight close date and I have to call the Account Executive everyday to find out what the status of the loan is, term sheet, etc..I'm not sure if I will use them for this project as I have already received 90% LTV for purchase and rehab, 9.49%, 12 mos, 1% loan orig, from another source but I wanted to try them as I heard many good things about them from other investors.
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18 July 2024 | 8 replies
So, we're trying to find other ways to connect with people who are active in the city.
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19 July 2024 | 16 replies
It's hard to find a home or an investment that is less than or close to $100 a square foot anywhere in the country so the more I write about this, the more I am taking myself into this...9 million visitors cannot be wrong.
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20 July 2024 | 15 replies
But what about someone else in that group that liked your home and would consider booking but resorts to finding something else on Airbnb because they don't have a means to rebook the home?
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19 July 2024 | 0 replies
How did you find this deal and how did you negotiate it?
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19 July 2024 | 12 replies
I’m creating policies and procedures now and I’m on a quest to find the things that landlords don’t seem to appreciate from other existing property management companies, so that I can build being different into mine.
19 July 2024 | 8 replies
Try to find one who specializes in Quads if you can.
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19 July 2024 | 9 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).