9 March 2024 | 10 replies
Wouldn't this property negative cash flow by about $400/month with a 20% down payment?
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6 March 2024 | 6 replies
3% interest rate and non-negative cash flow.Highly rentable area (bay area) and white collar rentals.
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7 March 2024 | 2 replies
We furnished 5 units for 40% less than non-sale and non-bulk items.
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6 March 2024 | 11 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
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9 March 2024 | 18 replies
I look at about 1,000 properties a week and have clients all over the country including Ohio.If you could put your price range, down payment, expected cap rate, tenant type, location such as suburban or urban core, etc. then I could quickly tell you if what you are looking for is a 1 in 100 or a 1 in 5,000 property.
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5 March 2024 | 1 reply
I'm interested in Real Estate investing and have been saving money for a down payment.
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7 March 2024 | 82 replies
I think that is minimal to non-existent.
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7 March 2024 | 3 replies
Do I need to make payments to contractors, etc from accounts with the LLC name on them or can the accounts just have my first and last name (personal accounts)?
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8 March 2024 | 10 replies
(generally takes 60-90 days to close an assumption)I purchased my most recent primary residence with a an assumable VA loan and am saving about $1,100 per month on my mortgage payment compared to a loan written at today's rates and I am also enjoying about 2.5x the principal paydown per month as well!!
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7 March 2024 | 2 replies
I was looking on the product matrix for the Fannie Mae Homestyle loan and it says that they accept Community seconds for down payment.