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7 June 2024 | 8 replies
At the end this is a business transaction and for such as much support as possible is better.
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4 June 2024 | 4 replies
I'm hearing more about AP on takeovers that the new ownership did not seem to have knowledge of, and high AP at existing properties that have cash flow issues.
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5 June 2024 | 2 replies
I trusted this agent because she was recommended to me by one of the MTR gurus/book writers as a high professional investor-friendly agent.I had planned to implement a mid-term rental (monthly) strategy, but I cannot do so due to HOA restrictions and high insurance costs.
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6 June 2024 | 4 replies
DependsDSCR CAN be a NonQM loan where they always disclose.If you are an experienced investor who owns and operates a business some lenders classify yours a commercial loan (the same as high rise office).
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5 June 2024 | 0 replies
Partner Driven was interested in the Waters Edge #A deal in McHenry, IL, due to its high profit potential and quick turnaround.
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4 June 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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4 June 2024 | 221 replies
Since a WL policy is generally very safe, the LOC LTV will be high.
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5 June 2024 | 0 replies
Partner Driven was interested in the Faith Home Rd deal in Ceres, CA, due to its high profit potential.
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5 June 2024 | 3 replies
Amres appears to be highly rated, but their info did not come up while looking for a lender through Bigger Pockets.
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5 June 2024 | 2 replies
Please share recommendations on where to buy basic furniture (sofa, chair, end tables, coffee tables, dressers for bedrooms,etc) that will last through the years but also be reasonable.