Value report has just been released and it’s full of good information for those thinking about a minor or major home improvement project in the future.Exterior projects continue to cost homeowners far less than they’ll spend inside and yield the highest rate of return upon selling.

I have a deal I am currently looking at in Chesapeake Virginia, and I would love your thoughts on this:12 units 1bed/1bath apartment built in 1912 (renovated in 2018). 9536 SF, the asking price is $995,000 at 8.07% cap rate with a NOI of $80,106.

Yes, we call the employer directly using a number found online, not the one provided by the applicant, and we verify their employment and pay rate.

The seller will obviously hold the debt/note for the existing mortgage while the title gets transferred to me.

The value of the condo went up (that's good), but the rental situation in Sarasota went down.Long story short, I can hardly make the mortgage with the forecasted rental income for a midterm.

I worked with Ben Munson from Tidewater Mortgage in Virginia Beach, VA.

Bancorp, and Bank of America to maintain aggressive reserving strategies.Lenders' Race to Mitigate Risks: The multifamily mortgage market is witnessing a surge in delinquencies, compelling lenders to race against time and actually buy back delinquent loans from their collateralized loan obligations (CLOs).

Also just to add, we did provide an entire packet for the appraiser of the updates, added value, AirDna data with occupancy rates and market data of neighboring comps.

The cash-flow were getting is not justifying the amount of work going into BRRRR type deals (at the higher rates). 

Look for places that appreciates even when interest rates were at their highest.