I understand that Cap Rates are not a set number in an area/property, and they depend on many factors. So here's my question:How do you strike a balance between higher cash flow vs building value? Example:----------...
I purchased an absentee owner list recently with the intent of mailing self written yellow letters. I discovered I could not manage enough time aside to write the letters and the cost of each letter was not much less ...
Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
As a hard money broker, I’ve been seeing more investors use DSCR loans for rental properties and other investment projects. I’m curious to hear from others in the community—how are you finding DSCR loans as an option?...
Hello BP,I'm looking to start a conversation on what investors value most in the agent they use. I am currently working for one of the largest private investment brokerages in Philadelphia and Delaware County. I have ...
What are the common issues found during home inspections in this area? Are there any red flags I should watch for?
I’m trying to put together my first buy and hold deal somewhere between a single-family residence and a four Plex most likely. I’m using the 50% rule for every property I come across and none of the numbers seem to be...
Appraisal came in way low in zip code 39209, Jackson, MS.
Paid $90K in May 2019, at the time appraised for $95K. Getting refi now, the appraiser says it’s worth $70K.
There were multiple things wrong with the apprai...
While I know it depends on what is negotiated, who typically pays the buyers closing cost in Utah? My lender told me that he sees upwards of 90% of sales in Utah where the seller pays nearly all (under $300K home sale...
I own a unique mobile home park in South Carolina that's relatively small (5 acres) comprised of 12 lots (I own 8 of the homes while the other 4 are owner-occupied and charged lot rent) along with a house (3 units). ...