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19 July 2024 | 0 replies
Be extremely conservative on ARV in this market Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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19 July 2024 | 2 replies
I’m working in getting under contract with a wholesaler for the first time, wondering what amendments I should look for in the contract from a financing contingency or inspection period etc or if that’s just for on market deals, would love to hear anyone’s input!
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19 July 2024 | 5 replies
There is a Multifamily Market Analysis & Investment Webinar coming up July 26th at 4 p.m.
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19 July 2024 | 0 replies
I have a half dozen years of experience renting out a few single family homes and am looking to bet big in a different market.
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20 July 2024 | 6 replies
With that said, the buyer can still proceed with the sale if they are comfortable & able to overcome the appraisal gap and/or a solution is worked out financially between buyer and seller to make it feasible.So if appraisal gap is a concernBefore accepting:- Ensure the sales price on the contract is inline with market expectations.
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19 July 2024 | 7 replies
Look at their marketing strategy.
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18 July 2024 | 0 replies
The growing Los Banos market and strategic location further enhanced its appeal.
19 July 2024 | 6 replies
However, finding these deals can be quite challenging if you are new to this market, as it varies street by street.
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19 July 2024 | 2 replies
Mortgage 15/1 arm at $3.375% with max 4% interest increase due 15 years from July 2015 (Aug 1, 2030).Current condo monthly maintenance fee : $1036 includes water, amenities (pool, tennis court, concierge, gym, sauna, community room with pool and ping pong, maintenance)Current monthly mortgage payment: $499 interest, $504 principal Monthly taxes and insurance: $459 monthly contents insurance: $38Past Assessments: $11k for building HVAC upgrades $8k for building updates and building reservescurrent market value $400k - $425kcurrent monthly rental median: $3100-$3200monthly landlord insurance: $45I'm also trying to decide if I should rent or sell and invest elsewhere.Appreciate all insights.