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21 February 2025 | 7 replies
Higher rates and tremendous demand for inventory by both owner occupants and investors have resulted in an inventory shortage all over the US - in Oregon and in Ohio.Hope this gives you some things to think about.
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21 February 2025 | 18 replies
I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.
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6 January 2025 | 4 replies
We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate!
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23 January 2025 | 3 replies
The interest rate isn't that huge of a difference between the 15 and 30 so worst case scenario if you have the 30 year option is you start paying it down on a 15 year timeline - sure you'll pay a little more in interest over the 15 years, but it will have been worth it if you bought another house.
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29 January 2025 | 21 replies
We are BRRRRing it and we’re originally going to rent traditionally, however we decided to look into it as an Airbnb, and when we put in current loan rates which will be near or at 7% when we are ready, we’d only cash flow about $150 a month 😱, but as an Airbnb our projections are around $1,300 cash in our pockets monthly. 💰 At this point is a no brainer 🧠 and we know if it doesn’t work out or we don’t like doing it we can always revert to a traditional rental.
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24 January 2025 | 4 replies
Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.
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13 January 2025 | 17 replies
They are listed at market value, but I made a discounted offer to purchase a few of them.- I prioritize building strong, professional relationships with my buyers by taking the time to understand their needs and goals.
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25 January 2025 | 11 replies
It seems like everyone is preparing for a big boost.The current growth rate seems feverish but I've seen a lot of houses going up to prepare for the influx of population.If you have any questions, I'm available to answer them.
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23 January 2025 | 45 replies
Rates will at some point allow you to refinance.