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27 September 2024 | 66 replies
If not, this won't be too bad.
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5 October 2024 | 8 replies
I've heard of other people doing this, but I am not having any luck finding a bank to work with.
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5 October 2024 | 5 replies
What market is this property in?
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5 October 2024 | 3 replies
Is the only place where this works some sort of a private loan with a local private investor who understands your situation?
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5 October 2024 | 10 replies
This house HAS A CURRENT lead safe certificate issued by the Toledo Health Department.
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24 September 2024 | 6 replies
Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, hence the i/o payments, in addition to having a strong value-add element.
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25 September 2024 | 32 replies
I know many out of country investors that pay cash in the Cleveland markets for years, Yes a lot of people buying cash but also plenty that are using financing in this market with DSCR financing.
24 September 2024 | 9 replies
I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?
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25 September 2024 | 4 replies
Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxes on the potential upcoming transaction.
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6 October 2024 | 1 reply
This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.