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1 June 2024 | 5 replies
Lenders will allow up to 65% CLTV on a short term loan.
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31 May 2024 | 10 replies
I'm a real estate agent and long term buy/hold investor in Savannah, GA.
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31 May 2024 | 13 replies
Right now, I’m currently working on raising funds for my first deal :) If you or anyone you know Is looking to invest with competitive terms, let me know!
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31 May 2024 | 7 replies
Many places are considered long term rentals when the term is > 30 days.
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28 May 2024 | 5 replies
However, my uncle who handles short-term rentals suggests I might could make much more turning it into short-term rental.
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1 June 2024 | 6 replies
With long term rentals (or any house aside from a flip), you are unlikely to make money off the sale of the home if you have only owned it for 2 years after you pay the realtors and other fees.
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31 May 2024 | 1 reply
Also look on Loopnet for any similar type rentals, sq ft, NNN, lease terms, $ sq ft, etc.
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31 May 2024 | 2 replies
You may be doing more harm than good focusing on short term monetary gains at the expense of how many in the industry will perceive you moving forward.
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31 May 2024 | 6 replies
Even looking at the balanced rate (which I feel like is hard because the terms are different) along with the potential to have the monthly payment/fees covered, it feels like a cash out is a better option if we did want to keep this.Part of the current struggle is that the market was hit harder from the rate increase so sales are almost at a standstill and even with trying to sell the house, the rental market is doing substantially better because most military cannot afford to purchase in this area as the payments are over 6k/mo for buying vs 3-4k/mo for renting.Any advice is most appreciated!