Mark Nolan
Lenders at 5-10% down on investment property
27 February 2020 | 3 replies
You can do a 10% down on a second home property (pied de terres or vacation homes), that can be an income property also.
Christian Fowler
Vacation Rental Good Investment?
29 February 2020 | 11 replies
I did get some work done there and it wasnt as relaxing as a normal vacation but there will be a time for that down the road :)
Matthew T.
30 unit building analysis
27 February 2020 | 2 replies
I checked my area and thats about the typical cap rate. 6-8% is fairly normal...My other problem is on top of those other expenses, I will also have about a $2750/month loan payment per building.
Iwona Stanek
Soon-to-be first time landlord looking for advice
27 February 2020 | 2 replies
Oftentimes there are still responsibilities you will have as the owner in the PM contract, so make sure those responsibilities are well understood and are things that you can handle wherever you will be relocated to.My biggest lesson learned from PM groups is that a big group with a lot of clients is normally pretty complacent, but has great connections.
Constantia Petrou
Best realtors for selling an investment property
27 February 2020 | 2 replies
If NOT occupied, I'd go the route of a normal, good performing agent who you can be confident will get the deal done, get you the best price, etc.
William Merone
Multi Family Syndication
27 February 2020 | 10 replies
You could setup a simple waterfall structure where the normal split is 70/30 and anything over a 10% CoC is split 50/50.
Hugh Jameson
Offering a bank foreclosure closing costs?
28 February 2020 | 3 replies
Offer what's normal for closing costs.
Chris Montes
What do I need to know before refinancing?
27 February 2020 | 1 reply
But, normally, the thought among lenders and banks is "we don't have to be the lowest we COULD be, we just gotta beat the other guy."
Kris Canaday
[Calc Review] First investment thoughts on how to fully analyze
28 February 2020 | 12 replies
Both of these would normally get factored into escrow, but if applicable you’ll be responsible for paying them out of pocket Last note-even if the seller requires a down payment, you have other options.
Brandon Donahue
What Kind of Insurance Policy Do I Need For My Flips?
5 March 2020 | 3 replies
Is it normal for my general contractor to push the cost of his general liability and workers' comp onto me (the owner/investor) at the price of $2,600?