Patrick K.
regarding subject to financing.
19 June 2024 | 42 replies
The bankers I know love collecting interest payments, regardless of the rate, not calling performing notes.Here's why...Think about the amount of manpower it would take for a lender to cross-reference tax records against their entire loan portfolio to verify the original borrower is no longer on title.
Cliff H.
States with Highest STR Taxes - VT bumps up to #4
21 June 2024 | 6 replies
I need to double check, but I believe TN is in the 13% range with state and local.Then several areas basically tripled property taxes practically overnight in a massive cash grab.
Peter Hu
Good Neighbor Realty Office
21 June 2024 | 0 replies
Purchase price: $999,950 Cash invested: $2,000 Our Good Neighbor Realty Office in Denver!
Reshmi Naheed
Best city and state to buy a LTR property under 100k
21 June 2024 | 20 replies
Columbus better for appreciation, Dayton better for cash flow.
Bhushan Shinkre
Lending platform with no-fee direct ACH to Bank Accounts
21 June 2024 | 2 replies
I'm open to other creative methods such as Cash App, Paypal, etc. ... but I believe that they charge for automatic ACH payments.
Shakil Ahmed
BHAM an HSV SFR or MFR investments
21 June 2024 | 2 replies
You're likely better looking in Birmingham right now if you want cash flow.I mean, we get tornadoes here for sure.
Cory J Thornton
What are the potential effects of "Phantom Debt?"
20 June 2024 | 2 replies
Some articles indicate that as many as 42% of those who actively use the BNPL purchase option are either behind in their payment or behind in other payments for other obligations.Even though this is not something being reported to credit agencies, it could be something that starts popping up on loan applications as the amount of "phantom debt" in the system continues to grow.
Christopher Berra
FSBO SFR Rental
20 June 2024 | 1 reply
Purchase price: $40,000 Cash invested: $45,000 I found an investor that was finished with real estate and had only a few properties to sell.
Mitchell Morgan
New to Jacksonville, ready to dive in
21 June 2024 | 9 replies
I'll live in the least valuable room/unit, and after the rehab is complete and other rooms/units are rented, I'll cash out refinance for the ~75% LTV.
Tim Townhill
Building a Section 8 Portfolio
20 June 2024 | 18 replies
Property managers want to be paid fairly and if you low grade everything too much you will get a fair amount of service based on that which won't be much.