Christian Sidaros
70% ARV Financing?
4 March 2024 | 9 replies
Study after study have shown that default rates skyrocket when the borrower/guarantor doesn't have adequate skin in the game.
Darrell Gibson
Pace Morby's Subto Mentorship is the BEST!
4 March 2024 | 71 replies
But, it has a much higher success rate.
Brandon Leffler
How would you seller finance this deal??
3 March 2024 | 7 replies
If we were running a cap rate on these you'd have a worse return than just going and getting some CDs from your local bank and YOU would then have the fun of dealing with tenants paying less than 50% of market rates (assuming your numbers are correct).There's no deal to be had here unless you can bring her down significantly on her ask.
Shaun H Wilson
The Rookie Rental Property Investor
4 March 2024 | 5 replies
Each class has different tenant pools, appreciation, turnover rates, etc.
Account Closed
Buying Pre-Foreclosures (Non Judicial) Foreclosures To Do Fix & Flips or Rentals
6 March 2024 | 19 replies
We were just not looking to buy RE because the rate was lower than current market or the leverage was a little better that's a fools errand .
Jake Faris
Converting multi-family STR/LTR to commercial motel/hotel - Pros and Cons
3 March 2024 | 9 replies
One thing I would look into is tax rates for the commercial property. 9 times out of 10 hotels are taxed at a higher rate than residential.
Ethan Tramel
Chicago House Hacking
5 March 2024 | 18 replies
House hacking is tough to break even with in year one (with current house price run-ups and interest rates) for a couple reasons:1.
Kareena Sharma
Duplex vs RE syndication investment
2 March 2024 | 43 replies
The difference is that your duplex, you can just hold for 30 years on that nice fixed rate mortgage if the market is soft next year.
Alana Reynolds
House Hacking to the max
4 March 2024 | 10 replies
It feels like a slow rate of growth but it is working for now.
Eli Crapper
House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
4 March 2024 | 4 replies
Typically the rates change depending on if you are occupying the property or not.The reason most people talk about house hacking is because of the benefit of lowering your expenses.