Peter Hu
Good Neighbor Realty Office
21 June 2024 | 0 replies
On Market deal that was sitting for a month.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
Plus the tech heavy market is moving into a commodity market versus an innovation market or first entry.
David Minaya
Am I being too greedy with my asking price or impatient?
20 June 2024 | 14 replies
@David MinayaEvery market is different, and every property is different.
Damon Goudeau
new wholesaler looking to network
20 June 2024 | 8 replies
I’m locally at the Las Vegas, NV market.
Scott Morgan
FIG - fourplex investment group
20 June 2024 | 33 replies
I would add that the current Utah investment market is red hot and it is hard to find good rental units for a decent price.
Shakil Ahmed
BHAM an HSV SFR or MFR investments
21 June 2024 | 2 replies
@Shakil Ahmed - would stay away from MFH in Huntsville right now - market is saturated with them at high prices.
Ryan Jacques
DSCR Terms Opinion
21 June 2024 | 11 replies
Option 1:30 Year FixedLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.225Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $2,018.76Broker Fee % 1.25Cash From Borrower $78,081.01Option 2:5/6 ARMLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.025Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $1,990.40Broker Fee % 1.25Cash From Borrower $78,052.65I'm not sure what credit score is being used to qualify BUT this looks to be inline with the current market rates for a 75% LTV cash out on an invest property.
Ade Akingbade
Tenant Screen - Need Advise
21 June 2024 | 14 replies
I'm in your market and was in your position in few years ago.
Varun Sharma
Finding good deals out of state with good CoC
20 June 2024 | 7 replies
ThanksVarunI'm unfamiliar with the Memphis/Little Rock markets, but why don't you want to continue investing in those areas?
Hieu Le
New to real estate
21 June 2024 | 4 replies
But depending on your property and the tenants you're targeting, certain marketing strategies will work best.Let us know specific questions you have and I'll share anything I know!