Chris Pew
Anyone with experience working with Total Quality Lending
2 January 2025 | 3 replies
I just closed a DSCR loan on a Duplex with Total Quality Lending.
Moshe S.
1031 my portion or total sales price
9 January 2025 | 5 replies
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
7 January 2025 | 10 replies
After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?
Karl Kauper
Total expenses for landlord in Sutton MA
15 December 2024 | 2 replies
Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience rentin...
Sharon Tzib
Houston Housing Stats December 2024 & Year End
8 January 2025 | 2 replies
pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.
Evelyne Ling
Junior Lender Foreclosure questions
6 January 2025 | 2 replies
It's called a payoff statementif it's a big lender you will not buy the loan as it will take forever, you are better just paying it off. you then can foreclose based on the total balance owed to you which is both loans and any accrued interest. regarding fixing property or selling as is, that really depends and needs to be evaluated on a case by case basis
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
You're totally right—making a schedule with all the important dates on it is very helpful!
Ursula Lovings
Comparing Contractor Estimates
4 January 2025 | 5 replies
On the other hand, a detailed quote with a higher total may offer more transparency and reduce the risk of surprises as the project progresses.I specialize in consulting services for situations like this, where I help clients evaluate contractor quotes, ensure transparency, and navigate the renovation process with confidence.
Sino U.
Seeking Advice - Multifamily Investment with Potential Short-Term Rental Strategy
1 January 2025 | 3 replies
It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
Is it possible to keep my land loan out of it to keep the total cost low?