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8 March 2024 | 6 replies
Good Morning, I have heard of people using their deferred comp. retirement accounts as temporary loans to fund rehabs, buy properties, etc.
11 March 2024 | 9 replies
Once it's on the tenant's credit report, it is far more likely to spur them to action because it could prevent them from getting another rental, qualifying for a credit card or car loan, etc.I'm more concerned with why the home has been sitting on the market for eight months.
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10 March 2024 | 0 replies
Construction loan originally at $110,000 and a Heloc after basic completion Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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11 March 2024 | 30 replies
Everyone of my properties has a rent to purchase ratio above 1% They all have loans that were prior to the recent rate increases The prop tax has been nearly fixed.
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8 March 2024 | 8 replies
We are selling some property on Land contract and I would like to use a loan servicing company to collect the monthly payment, and setup escrow for taxes/insurance.
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10 March 2024 | 0 replies
Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.
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11 March 2024 | 152 replies
Because you're paying the loan back with devalued dollars, and inflation adjusted income while expenses are fixed.
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10 March 2024 | 8 replies
The 10% down second home loans are much more difficult to get now.You will likely need a 20% down investment property loan.Yes you can do a cost seg study for this property.I'd be more wary about finding a property that can cash flow and be allowed as a STR than tax breaks.