Josie Kelley
Primary Residence to Mid Term/Short Term Rental Renovations
6 July 2023 | 4 replies
Hard money loans can be very costly as well as HELOCs especially in this environment.
Jacob Mitchell
House Hacking Financing
5 December 2022 | 24 replies
when houses are appreciating at double digits each year with no improvements just because of the market, it's a lot easier to do than it may be in the next few years.on the other hand, one good thing about today's financing environment is that you can avoid personal DTI limitations by refinancing into a DSCR loan instead of a conventional loan.
Ryan Boutin
Pitching to Investors
9 July 2023 | 4 replies
What makes it intriguing for the investor compared to the other 100 deals that come across their desk, especially in todays environment where we are seeing people desperate for financing because of banks tightening their standards
JT Thomson
Questions about the best way to list a fully furnished Corporate/MTR house
9 July 2023 | 0 replies
Should I list it as an all-inclusive corporate house with utilities included or just as a furnished house and have the tenant set up utilities?
David Yue
Paying all cash vs putting 25% down?
11 April 2023 | 47 replies
If you pay cash for a condo, and have little in reserves and the condo has maintenance issues, you could be in a high risk environment.
Teddy Rexing
New to the scene of real estate investing and looking to get started
10 July 2023 | 5 replies
What factors do you feel facilitate this type of environment?
Spencer Folse
Tenant threating lawsuit
11 July 2023 | 7 replies
This applies if the unit came with an AC system.It does not mention mold, moisture or humidity, but says:-- the unit must provide a safe, sanitary, and healthful living environment for the low income residents.This is from the SAHA Landlords Handbook: https://homesa.org/wp-content/uploads/2019/10/Landlord-Handbook.pdfYou area may be different.Good Luck!
Bret Halsey
Portfolio Loan/Line of Credit Non-PG
9 July 2023 | 7 replies
The lending environment is getting much tighter.The lender will also qualify the borrower, so your friend's net worth and liquidity will factor into the loan approval, even if it is a non-recourse loan.Along with banks, I would recommend calling a couple of commercial mortgage brokers (there are several good ones in the BP forums).
Mark Rauch
Out of State Investing
2 December 2020 | 17 replies
as you move up in return you move up in riskIf your trying to get into 10 caps and higher your risk goes up accordingly.. and many get totally wiped out in that environment being local or not.think of all those saying they are buying value add apartments... many times they are value add because the tenant base ran them down so bad the current owners need to flee....
Jay Hinrichs
I am giving away a free rental house in St. Louis
25 August 2017 | 193 replies
If I were to receive your gift, I would donate to ALIVE (Alternatives to Living in Violent Environments) here in St.