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4 April 2024 | 7 replies
Would you send over the offer terms in a seller-financing contract or send over the potential returns for seller based on analysis?
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4 April 2024 | 3 replies
I am concerned that they might not be able to afford the rent. would you qualify a prospective tenant based on these numbers?
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4 April 2024 | 20 replies
Investment property HELOCs are hard to find but a closed end 2nd mortgage on an investment property is going to easily be in the 10s and up for an interest rate.More about DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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4 April 2024 | 15 replies
I only do 12 month leases and re-evaluate the rent price based on market conditions at that time.
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3 April 2024 | 1 reply
Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.
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4 April 2024 | 5 replies
Namely, transfer taxes based on the assessed property value (even if transferred for a $1) & presumably additional accountant fees related to basis.
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4 April 2024 | 14 replies
Dillman (Author)Also, I've tried searching for a SIOR reading list, and found these three titles:Confessions of a Commercial Real Estate BrokerThe CFO's Guide to Understanding Corporate Real Estate TransactionsGo For Broker: An Executive's Guide to Hiring a Broker for Today's Complex Real Estate DealsAre there any other books you would highly recommend?
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4 April 2024 | 5 replies
I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price.
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4 April 2024 | 18 replies
Here's my advice based on an 'n' of 1:- in my case, Insurance company agreed to pay 33% over asking price.
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4 April 2024 | 14 replies
Attend REIA meetings not only in your target investment areas but also in regions where potential out-of-state investors are based, Use LinkedIn to connect with real estate investors and groups.Engage in real estate forums like here in BiggerPockets, where many investors, both seasoned and new, gather to discuss opportunities, seek advice, and network.