Gerino Alejos
Time to move put your Property Economics paperwork on point.
As a mortgage broker i've received over 20 emails from lenders saying they have halted funding, or made a few "adjustments" to their guidelines. Some adjustments include: Raising minimum credit score requirementsLower...
Griffin Pratt
ARM loan smart for investment prop in todays economic climate?
I'm a St. Pete based RE agent looking at purchasing rental property in the area. I'm having trouble making the numbers work due to the surge in home values following the pandemic paired with higher interest rates is m...
John Tucker
Greek Economic Crash- How does that affect us? (Need Answer)
Hey BP!Now given, before you read this, I am no economic genius, and most likely even ignorant as far this goes, but I have some questions. So with that said, here you go.I've been watching and reading lately about Gr...
Nick B.
10% economic vacany - is it sustainable in the long term?
Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
Roee Agami
Risks in owning rental properties at times of economical crisis
Hi, I own several multifamily residential rental properties in the less economically stable areas of MA and RI.Is there a typical behavior for residential housing at times of economical crisis?Should I expect to lose ...
Christopher Davis
How typical are non-paying tenants in lower economic areas?
The more I read and learn about investing, according to the bigger pockets strategies, the more questions I have.Wouldn’t renting in a low economic area, where homes are selling for under $100k, wouldn’t that also inv...
Jon S.
Eligibility for EIDL Economic Injury Disaster Loans and PPP Loans
Am I eligible for either SBA program loan?
Background: Out of 9 doors, I have 6 doors occupied with LT leases, 1 door ready but vacant, and a 2-door renovation nearly complete, which will be available to rent in a w...
Brittney Peabody
Taking on More or Less Debt with Uncertain Economic Future
With uncertainty lurking in the future, how have yall changed your portfolio in terms of leverage to prepare what lays ahead? Have yall increased or decreased leverage? What is the percentage you are aiming to achieve...
Christopher Yerikian
How are you preparing for the the next economic downturn?
So we're at what is starting to look like the beginning stages of an economic downturn. We don't know how long it will last, how deep it will go, or which sectors it will most heavily impact. What we do know is it wil...
Rick Guerrero
Im approved for SBA Economic Injury Disaster Loan. Now what??
I was originally approved for 5k after a few days I logged in and I was approved for $10k. I want to accept but I'm not sure what documentation is going to be requested of me. I own 3 rental properties.
thanks,