Kevin Coleman
Buying investment prop with ground rent?
6 March 2024 | 5 replies
Then years later forget about it leading to you or lender spiking your escrow charge for a year costing you a couple thousand then you ask why and it's because of that then you redeem it after feeling the burn.
Corbin Wright
What is your opinion on using The Offer Sheet to find a property?
5 March 2024 | 8 replies
The best deals are going to be sourced by local agents in your target areas that focus on investment properties and have the local knowledge/direct to seller connects
Sam Booth
Propstream for finding deals
6 March 2024 | 8 replies
Looks like possibilities with direct mail and postcards from what I saw online.
Jake Simon
HELOC on Investment Property in Ohio
7 March 2024 | 15 replies
No seasoning.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.PenFed - max 3 other properties, 89% LTVRegions- yes HELOC but no LOCSCCU Florida 70% LTV, 6.25% interest only, not LLCSound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD BankTIAA Direct was EverBankTower FCU, all states except TX, max 45 DTI, green card ok.
Nicole Lockwood
STR rental investing
7 March 2024 | 15 replies
The seller serves as the lender under a seller financing agreement, and you send payments to them directly.
Hai Doan
Advice Rental Property Bought with Tenant Already In
6 March 2024 | 7 replies
Rehabbing before your tenant leaves in September could potentially lead to a higher refinance value and faster timeline, but it comes with challenges like coordinating with an occupied property and the risk of vacancy.
Marcus Gendke
Economic Headwinds Abound
6 March 2024 | 0 replies
Historically, such declines have served as leading indicators of an impending recession as employers tend to shy away from layoffs initially, opting instead to reduce hours, making this decline a significant red flag for the economy.Adding to the concerns is the fact that 639 U.S. corporations filed for bankruptcy in 2023.
Becca F.
Bay Area and NorCal Investors - thoughts on Class A, B, C and D areas
7 March 2024 | 19 replies
Rent control is another strong factor as many cities have super strict rent control for duplexes and up with Oakland and San Francisco leading the way.
David Yandel
Starting out and looking to build my team of 4
6 March 2024 | 10 replies
Hey David, connecting with a local real estate agent familiar with the market can lead to recommendations for reputable property management companies or individual managers.
Chris Grenzig
Vinyl Plank and noise for upstairs units
7 March 2024 | 14 replies
It makes it very easy to find customers even with bad support.I am leaning towards going with the click plank option as I was told, that when it clicks together it adds another substrate or "floor" basically and that with the attached underlayment does a pretty good job of reducing noise.I looked at adding gypsum concrete (gypcrete), self leveling cementitious subfloors, wool insulation under the plywood, and another type of cement type floor, but they all have their pros and cons and doesn't seem to be worth the extra money in the end.