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25 June 2019 | 11 replies
It’s definitely lower cost to get started in those markets.
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9 November 2018 | 12 replies
Shorter loan terms and lower LTVs have lower annual MIP.
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3 November 2018 | 1 reply
I'm also hitting the 2% rule with $800 rent and feel I have room to raise it as I am on the lower end in the area.Since I bought my first condo with cash I was able to leverage that equity with a HELOC (5/3 Bank), they appraised my property at $58k and gave me $37,500 (65% LTV).
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2 November 2018 | 2 replies
I'm also hitting the 2% rule with $800 rent and feel I have room to raise it as I am on the lower end in the area.Since I bought my first condo with cash I was able to leverage that equity with a HELOC (5/3 Bank), they appraised my property at $58k and gave me $37,500 (65% LTV).
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3 November 2018 | 8 replies
Sounds like a non starter.......there would be no payment history so it would sell at a Big discount and those note buyers are looking for Larger yields and Lower LTV’s than your standard refi.
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20 December 2018 | 8 replies
The long and short of it is that it's more about what you're after in an investment...a transaction is a transaction...really doesn't matter where you are.
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5 November 2018 | 8 replies
Buy and holds are lower risk than flipping, but there is a whole spectrum of risk in rentals depending on the class of the property.
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7 November 2018 | 21 replies
You may want to lower the rent a bit to avoid too much vacancy.
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2 November 2018 | 10 replies
However, we have 2 more units coming online in January and feel like these transactions could get tedious and might be more efficient if sent in bulk.Question for more experienced hosts who have scaled up...If you work with a cleaning company that provides these services, how frequently are you paying them?
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3 November 2018 | 1 reply
Value (mostly sfr/cnd not apt), debt, equity, loan details, transaction history, parcel maps, etc.