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23 February 2025 | 3 replies
Although most of them are longer-term tenants, I just had a midterm in my guest bedroom.
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24 February 2025 | 7 replies
Maybe lease a mid term rental and rent out your unit, then look to buy another place.
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19 February 2025 | 7 replies
In your experience, does one approach lead to better appraisals, loan terms, or overall outcomes?
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3 February 2025 | 12 replies
Play the long game and hold onto that equity.
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31 January 2025 | 44 replies
2) How long can your reserves support the negative cashflow3) What's your plan to solve negative cashflow long-term?
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3 February 2025 | 37 replies
I'd do it on a terms deal. 3yr in total.
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29 January 2025 | 11 replies
If that's the case, you'll want to start with a fix and flip (or hold) type of loan, complete your renovations, get it rented out and THEN refinance into a DSCR loan for a long term hold.
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24 February 2025 | 21 replies
@Ted FreemyerNot too bad of terms, but others are similar.
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22 February 2025 | 4 replies
My two cents but the ship has sailed for short term rentals in this market.
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24 February 2025 | 6 replies
I recently did a short term fix and flip loan investor to investor loan for 6 months @ 5 pts and 15% interest rate.