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24 June 2024 | 14 replies
All the properties were purchased site unseen on their recommendation & has been spot on .
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24 June 2024 | 8 replies
Rates ticked down the most in a week for 2024, last week so sounds a hair high..we just priced a DSCR purchase for 5+ units just below that..Check in with @Joseph Chiofalo for a quick quote.
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24 June 2024 | 9 replies
You can "generate" it if you purchase, either yourself or with others (e.g. syndication), a large property and do a cost segregation.
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24 June 2024 | 21 replies
Could be CLass A, but you didn't share what the ARVs are.Most investors finance 75-80% of a purchase or do a cashout refi to BRRR it.Class A properties are almost impossible to cashflow with, especially with +7% mortgage rates.Class B, you're lucky to cashflow these days, but can do it if you buy wisely.Class C is what many investors are focusing on currently as they can cashflow from day 1, even with +7% mortgage rates.The challenge is most investors targeting Class C for cashflow, don't take into account the corresponding lower-class tenants and all their associated challeges.
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22 June 2024 | 5 replies
Sure, you can download lease agreements online, and some of them are even drafted by an attorney.
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24 June 2024 | 4 replies
I'm potentially looking to purchase a small rental building which falls under the NYC rent stabilized program.
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24 June 2024 | 5 replies
If anyone is interested in purchasing, DM me your email address and I can send you details and pictures.
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23 June 2024 | 1 reply
However - my job is very high paying so I will look to build savings and start making my first purchases.
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23 June 2024 | 2 replies
Im looking to purchase a mobil home to rent to section 8 tenants.
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23 June 2024 | 25 replies
About 1.5 years ago, I purchased (conventional loan) and have been living in a 3x3.5 townhouse with a family member (brother) in a first attempt to start building equity through a house hack/BRRR strategy.