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14 April 2022 | 6 replies
These companies manage a huge percentage of short-term rentals in South Texas and continue building by having a massive digital marketing budget.
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14 April 2022 | 8 replies
@Haven GarberDefinitely Metro Detroit Our whole team invests here successfully Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.
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6 May 2022 | 12 replies
@Eugene PasechnikMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.
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21 April 2022 | 11 replies
If I'm writing the note I like to set it up as a 7 or 10 year ARM with 30 year term.
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20 April 2022 | 13 replies
Do you think its better to get a 10 ARM loan to keep monthly payments low for better cashflow.
19 April 2022 | 1 reply
Believe it or not.......the book "Mortgages for dummies" in the "for dummies" line of books.....helped me out a lot.........ARM, Fixed, VA, FHA, etc.....i dont recall the investor type of loans like hard money being in there but check it out
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19 April 2022 | 8 replies
My middle credit score is 638 (but I had a lot of late payments a few years back and only 1 late payment in April 2021 which hurt me) Do I have any other option as far lending someone mention a non traditional loan but it would be an ARM (yikes) so Any ideas:*Should I file a notice to quit for the tenants let know I have to sale I’m in the Michigan market .
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21 April 2022 | 14 replies
@Henry ZhuMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.
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20 April 2022 | 4 replies
We currently have a potential deal that could profit us 6 digits and we still haven't discussed how to split the profits.
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14 June 2022 | 12 replies
@Nathan Grabau so my loan for the down payment would be 15% down of loan with 5 year arm amortized at 25 years.