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7 June 2024 | 3 replies
@Joseph Chiofalo has some great nationwide STR investment loan products and fixed rate second/Helocs for investors loans clients tapped into recently.
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9 June 2024 | 223 replies
He did say if it was a low interest rate loan and interest rates went way up then they might focus on that more to call some loans due so they can re-lend out at higher rates.Some attorneys say to get approval ahead of time for a title transfer or you could add specific language to the loan docs stating under what conditions you can change title to.
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6 June 2024 | 18 replies
I also DM you to meet tomorrow if you would like or Monday that we will be touring properties with my business partner in BR to talk about real estate and the return criteria in the area.
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10 June 2024 | 35 replies
But wholesaling is active income, not passive.With a good savings rate, you could replace your income in under 10 years through rental properties, but it will take a lot of hard work and not be fully passive.
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7 June 2024 | 13 replies
We own a top-rated local property management company and real estate brokerage here, so lots of resources no matter where you are in your career and always happy to help!
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7 June 2024 | 11 replies
if you can build at 50% of after value I'd hire you and I build the cheapest of anyone I know in our market and minimum rates. there's 3 builders that build at our rate. only place I can get us to 50% equity is in miami florida and that is new construction that is selling at $1000 per square foot and up and high density 300+ unit underwriting with incredible economies of scale. columbus has lower construction costs but lower exit. we focus on urban core. my best suggestion is look at urban not suburban for higher valuations. you can't control what new construction appraises at so do it in less risky areas.
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7 June 2024 | 6 replies
Not sure if they still do but Louisville used to have an investor meet up pretty regularly.Another option could be to sell and upgrade to multi family.
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7 June 2024 | 0 replies
When I rehabbed the basement I tore out the existing drywall ceiling and added sound-proofing insulation followed by a 5/8" fire-rated drywall thinking that would be enough, but apparently the tenants can hear us walking, the dogs claws (we have hardwoods) as well as the TV.
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6 June 2024 | 3 replies
If you come to our meetings, you can meet others investing in Puerto Rico.
7 June 2024 | 10 replies
What do you mean by the home does not meet your lifestyle anymore?