Amanda Mallory
Looking for Investors and OPM
11 April 2020 | 2 replies
What are y’all looking for in credibility for first time BRRRRs?
Shawn Thomas
Occupancy retention on acquisition
9 April 2020 | 6 replies
I always factor a vacancy rate of 10% when underwriting and have increased that to 20% for the next 18 months due to the current environment.
Mark Lovejoy
What is the going rate for capital partner?
12 April 2020 | 9 replies
10-12% would be more market rates for HML but unfortunately not many are lending in today's environment.
Hector Asencio
Trying to get started in buy and hold
9 April 2020 | 7 replies
So what matters most in this environment is having reserves to help you weather the uncertainty (I suggest 6-12 months + your insurance deposits).
Jared Smith
Putting in offers during Covid-19
9 April 2020 | 4 replies
That said, in this environment I would rather lose out on a deal because I was being conservative than win the deal with overly aggressive terms right now.
Joshua Vanderzanden
Multi-unit or Commercial Rental first
11 April 2020 | 27 replies
85%...holy smokes, that's incredible!
Ondrej Brown
Thinking about using a HML on a townhome for 1st deal !!!
9 April 2020 | 1 reply
Plus in this current lending environment there are all sorts of other barriers, some HMLs aren't lending to new investors, many are requiring interest reserves up front.
Christian Pirotte
Multi Family Zoning Question
11 April 2020 | 3 replies
Being lake front probably complicates things due to proximity to water (drainage, environment critical area, etc.
Victoria Radcliff
House Hack: Single Family vs Multifamily (Duplex)
14 April 2020 | 11 replies
And for 3.5% down on a FHA mortgage, the ROI is incredible.
Chad Avila
Newbe strategy input please
12 April 2020 | 16 replies
Personally, I would hold off from any purchases unless you have found an incredible return and all the numbers work out.