Kerrel Gomes
Market Trends in Hampton Roads Virginia
21 October 2024 | 2 replies
Seems like days on market is going down but inventory is trending slightly upward.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
Our inventory is low.
Andrew Lawn
First timer home buyer
23 October 2024 | 8 replies
Building your own excel model & just combing Zillow in whatever market you're looking to purchase/running the numbers and finding accurate comps is a great way to start.In this market, you're going to need to look at a lot of properties before you find one worth it (largely due to low inventory & high mortgage rates).
Spencer Marshall
BRRR Exit Strategies
24 October 2024 | 4 replies
Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives
John Semioli
Refinance Options for STR when loan-to-value ratio (LTV) isn't enough
24 October 2024 | 19 replies
We can do conventional loans and DSCR.Thank you Jeff!
Ian Dale Ibrado
how to get funded in first small multifamily 5 units and up
25 October 2024 | 13 replies
Hi @Ian Dale Ibrado,In Canada under the commercialfinancing umbrella for multifamily, there is "conventional", "RegularCMHC" and "CMHC MLI Select" which have different requirementsfor debt coverage ratios, loan to values, down paymentrequirements, amortizations, and interest rates.
Eric Fernwood
October Las Vegas Rental Market Update
21 October 2024 | 1 reply
This low inventory will continue to pressure up rents.We saw a similar slight slowdown in the sales market.Sales - Months of SupplyIn September, our target property profile has a supply of 1.5 months.
Juan Alvarez
To sell rehabbed property or hold options
22 October 2024 | 10 replies
Would like opinions on things to consider that I may not be thinking about as a rookie on conventional or DSCR loan assuming it appraises for the calculated ARV during analysis vs finding other ways to flip now.
Chris Seveney
Risky 2nds - Why a Paying 2nd can also completely wipe you out.
24 October 2024 | 15 replies
Yes, I've had to foreclose on a few in 2nd and it wasn't a problem because I was behind a conventional mortgage lender who could not act as fast as we could.