Ariana Jones
Interest Rate Hike Decreased My CoC Return, DSCR. Should I Back Out?
18 May 2024 | 12 replies
Here are the terms: Purchase Price: 255,500Loan Value: 229,950Sellers Credit: 15,000Down Payment: 25,550 (10%)Debt Payoff: ~22,000Interest Rate 8.12%This high debt payoff has doubled since I initially started this process (at first it was 10K) and lender is telling me it's due to the interest rate increases.
Christian Anderson
Looking for helpful advice/insight. Beginner here!
18 May 2024 | 14 replies
Depending on the area and credit score - I can get you up to 90% of the purchase price and 100% of the rehab budget.
Daniel Vanhala
Any options for seller to provide down payment?
16 May 2024 | 13 replies
If it makes a difference, the DIL could purchase in her name or in her construction company's LLC name.
Shaunta M.
Windows in property
17 May 2024 | 14 replies
Hi everyone i purchased a property and found out from the tenant that all of the windows are sealed shut.
Ian Noble
Choosing a Syndication to Invest in as an LP : Syndication Comparison Tool/Calculator
17 May 2024 | 9 replies
Here are a few: I just saw a LinkedIn post with a sponsor talking about how they are underwriting using cap rate compression, meaning that in 5 years the sales price cap rate will be 50 bps lower than the purchase cap rate.
Sabrina Flores
Real Estate Investing Techniques
17 May 2024 | 5 replies
Sellers over price the property in their mind and belief, so it requires some negotiations once they are located.There are plenty of properties that have not been on the MLS to buy, but the techniques we use to buy them means we have equity at purchase and we don't need to use banks to do so.It does require capital, and an understanding of what makes for a safe investment.
Stuart Udis
Don't Fall For This Trap As A BRRRR Investor
14 May 2024 | 10 replies
I will be the first to share I understand the value in being able to recycle capital through refinances to grow a portfolio but this should not be done at the expense of other fundamentals that are more telling of the properties current and future economic performance.
Christian Sorrell
Are there ways to get Preapproval for a US Mortgage as a Canadian Citizen?
16 May 2024 | 9 replies
I would like to know how to get pre approved for a mortgage to purchase a US Property, preferably in Florida.
Antonio Bodley
Pace Morby Gator Lending
18 May 2024 | 13 replies
There is not a riskier borrower to lend money to than someone who doesn't have the ability to cover the deposit for a purchase.
Christopher LaRue
Business Model Settle.co
13 May 2024 | 1 reply
Hello Christopher, its all about unit economics and margins.