19 November 2017 | 1 reply
For example, if the market shows 96.5% occupancy for comps, underwrite it at a lower number, maybe 90% give or take a percentage point.
20 November 2017 | 6 replies
I started out with a lower income so it was super helpful that I had a super low DTI ratio.
22 November 2017 | 17 replies
also, any ideas on how to get access to the house so I can come up with a number for them.
22 November 2017 | 2 replies
So if you take that same property and are able to increase NOI (by lowering Operating Expenses or increasing rents) by $50,000, you have created $625,000 in value!
20 November 2017 | 6 replies
You can google independent agent/broker in the city and they will have access to one or both companies.
20 November 2017 | 3 replies
He called me up to discuss his problems with the lower unit.
1 December 2017 | 2 replies
With the amount of homes we sell every year, occasionally we run across a situation where the appraised valued comes in much lower then the actual sale price.
21 November 2017 | 18 replies
I'd also mentioned that I will need access to the property next week for my investors to do a walk thru.
24 November 2017 | 11 replies
A few tips:Prioritize the high interest payments and "snowball" to the lower interest.
29 November 2017 | 10 replies
The loan is Tier 4 in terms of LTV & DSCR (lowered rates due to higher tier) and I've been offered rates of 4.33%, 4.58%, and 4.65% respectively.