Cameron Woodward
How do I find tenants for a house hack?
21 April 2024 | 14 replies
With Apartments.com I can automate rent payments, have the security deposit paid, and have tenants upload their proof of renter’s insurance.Challenges of living with other roommates and renting by the room When living with roommates there are always challenges.
Joy D.
Garage Conversion to Living Space
21 April 2024 | 41 replies
The costs from securing architectural drawings to getting a survey and mechanical/engineering/plumbing sheets are wild!
Don Konipol
Thoughts on “subject to” deal making
18 April 2024 | 15 replies
To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they no longer own; the property sale has violated the due on sale clause of the mortgage or deed of trust and the note can be accelerated by the lender; the seller’s credit capacity is impaired because he has debt with no offsetting property equity.
Nathan Stone
Is Homeroom property management any good?
21 April 2024 | 22 replies
I looked at various other models with numerous other companies, none of them had a more secure, risk free business model.
Ed B.
Projections for interest rates?
20 April 2024 | 4 replies
The rates for our loans for investors including DSCR loans, Fix-n-Flip Loans, and Ground-Up Spec Construction (as well as the rates for consumer Conventional, FHA, VA, and USDA rates) are driven by Treasury Rates as opposed to the Fed Funds rate, but there is a loose connection.
Nolan Gottlieb
Lending Money as 1st Position tax question...
20 April 2024 | 7 replies
., your lender instructions and loan docs should be clear on that.
Matt B.
Current BRRR Situation
20 April 2024 | 13 replies
Thanks all,Hi Matt, here are a couple of other options on a DSCR loan for a 30-year fixed.
Allison Zittritsch
Looking for an experts opinion!
22 April 2024 | 22 replies
so it was an accidental flip.typically for your first few deals, you'd take out a hard money loan - and so you'd probably still need to (1) put 10-15% down, and then (2) make interest only payments during the rehab.
Account Closed
Where Are The Deals Now . . . The Market Has Shifted, But Creative Deals Still Abound
20 April 2024 | 2 replies
The investors I know that use the common approach of putting 20% down and using new loans from a bank are choosing to invest in Ohio, Indiana, Georgia and other less expensives states.However, folks from CA find using creative finance to invest in AZ are making big bucks.
Ricky Malott
CoC ROI below 4% everytime
20 April 2024 | 6 replies
My math has all been conservative and assuming no appreciation/increase in rent/loan paydown which makes CA rent/own ratio's look bad.