Ian Stromski
Anyone got 15 mins?
24 April 2024 | 3 replies
That way you can use that 2% to do a rate buy down to ensure a better cash flow.If you are buying it as a Primary owner occupancy I would ask for 3-4% seller credit to cover rate buy down and a portion of closing costs.
Henry Clark
Puerto Rico- Capital Gain tax zero?
25 April 2024 | 7 replies
Valuations prior to establishing residency is tax at different rate.
Ivan Aldana
best ways to set up LLC for max business credit results
23 April 2024 | 1 reply
I wanted to know what some of you guys did to set up an LLC to get that maximum amount of funding using business credit cards?
Kyle Smith
Build or not to build
24 April 2024 | 42 replies
Too often STR owners are looking at extremely high occupancy rates like nothing will ever change.
Michael Caldwell
Do any DSCR lenders appraise based on rent?
24 April 2024 | 7 replies
That flips as you add units, anything 5+ for example the market for buyers is near 100% pure investor - so value will be mostly determined by rental potential (cap rate)
Kenny Dofer
Unconventional investment strategy?
24 April 2024 | 1 reply
Hello,I live in a pretty hot market, with very low vacancy rates and high property demand.
Na Christian
Interest-free seller financing
24 April 2024 | 4 replies
My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.
Ben Russell
Questions about rent to own
24 April 2024 | 11 replies
What funds are escrowed and what goes to title?
Rajat Bhadauria
First time investor, looking for advice
24 April 2024 | 2 replies
With current rents and purchase price, it has a cap rate of 8%.
Mike Jaquith
First Rental Property - Wait to build cash reserves for positive cash flow?
24 April 2024 | 5 replies
I think the general consensus with todays rates and prices is that cash flow is not that amazing in any market.