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8 March 2024 | 12 replies
But most investors roll into a Debt Service Coverage Ratio, DSCR, loan.
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9 March 2024 | 7 replies
Also on my days off I own and operate a property management/handyman service.
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9 March 2024 | 6 replies
I, too, am at a crossroads, deciding whether to self-manage my first property or enlist the services of a property management firm.
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9 March 2024 | 26 replies
GE Engine Services and Caterpillar, Inc. both recently received tax abatements and plan to add 41 and 100 jobs, respectively.
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9 March 2024 | 14 replies
I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property renovation project.After filling out a form and providing my ID and bank statement, they promised a $41600 mortgage within one day, but required a 3% service fee.
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9 March 2024 | 21 replies
With that kind of acquisition strategy, it might benefit to utilized a delayed purchase because most lenders struggle to underwrite deals in the span it takes for the auction to close.If you do it delayed, you can stay mostly liquid, then follow up the purchase with essentially a cash out refinance of the purchase price with rehab funds being put into an escrow account as well.Would be happy to explain further, but my clients that operate that way tend to prefer that method to keep getting their cash tied up too much.
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7 March 2024 | 7 replies
After speaking with my family, they mentioned to look in property management service rather than going through a real estate agent.
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9 March 2024 | 18 replies
I look at about 1,000 properties a week and have clients all over the country including Ohio.If you could put your price range, down payment, expected cap rate, tenant type, location such as suburban or urban core, etc. then I could quickly tell you if what you are looking for is a 1 in 100 or a 1 in 5,000 property.
9 March 2024 | 10 replies
I wanted to share some thoughts I have been developing for my clients regarding potential investment opportunities in older low-rise condos in Miami, Florida.
9 March 2024 | 14 replies
The area is adorable but seems to be only serviced by bus.