Alan Ford
Smokies STR - 2008-2010?
20 March 2020 | 23 replies
@Avery Carl So the conclusion is that the true vacation market seems to be recession proof?
Bhanu Kuna
Best practices to find investor from friendly real rate agent
16 March 2020 | 13 replies
I’m not sure the same is true for Pennsylvania but it may be a great place to start.
Mark Feaver
WOULD YOU BUY THIS PROPERTY IN THESE TIMES?
16 March 2020 | 12 replies
This is true even if you believe the 50% rule is too conservative and that there is a small amount of positive cash flow.
Luther Wilson III
BRRRR Deal with a Twist!
16 March 2020 | 5 replies
This will be done through a contract for deed or a true owner finance deal.Here are the terms we're shooting for on the back end:Purchase Price: $125,000Down Payment: $15,000Monthly Payment (PITI): $1,000Interest Rate: 7.5%Term: 22 years / no prepayment penalty / no balloonWe were able to use private/hard money along with some of our own capital on the front end as part of the acquisition and then refinance a lot of it out.
Jordan Sutherland
Maximizing Profit While Maintaining Ethics
17 March 2020 | 1 reply
I help regular people buy and sell their dream homes, but my true passion lies in helping investors from all across the country pursue financial freedom through real estate investing, in my local market.
Ron Singh
Impact on mortgage rates Federal Reserve cuts rates to zero
29 March 2020 | 12 replies
The problem is that while the federal interest rate is 0 and Fannie and Freddie will continue to purchase these loans, the true reason that the actual mortgage rate would go down is an increase in demand of these loan from the secondary market (increased demand = increased price = decreased rate).Right now, investors are spooked, so the secondary market for these loans has fallen off in demand as people adopt a "wait and see" mentality for this outbreak.
Damien Papillo
Seller aggressively firm making it difficult to brrrr
20 March 2020 | 20 replies
True
James ONeal
Self Storage Unit Investing for Beginners: The pros and cons?
26 March 2020 | 13 replies
This also holds true when people want to downsize their homes.
Michael Belmore
Where will rates be in 6 months?
23 March 2020 | 12 replies
One thing that I think is true is that rates will be lower 6 months from now lower than they were 6 months ago but may not be much different than they are now.
Steffany Boldrini
Buyer's closing costs in PA and Self storage inspectors?
21 March 2020 | 10 replies
That especially true since it sounds like you are looking to buy a self-storage facility/business.