6 June 2025 | 10 replies
Then does recouping those up front soft costs make the final numbers very difficult to cash-flow?
4 June 2025 | 2 replies
This soft approach may attract your target tenant pool while avoiding overt discrimination.It is essential to consult a qualified real estate attorney in your state before implementing any policy or marketing strategy like this.
5 June 2025 | 16 replies
For 7 units, you'd likely be looking at commercial multifamily financing, which is different from residential loans in a few ways:DSCR loans are a good option, especially if you're focused on rental income and want to avoid the income verification process.Most lenders will want to see:A rent roll and T12 (trailing 12-month income/expenses), if availableYour personal financial statement or REO schedulePurchase agreement (if under contract)Credit report (a soft pull is usually fine to start)Rehab budget, if there’s any value-add componentLoan terms will depend on the asset's location, your credit, cash reserves, and the property's debt service coverage ratio (typically needs to be ≥ 1.15–1.25 depending on the lender).I’d be happy to walk you through what a typical DSCR package looks like if that’s the route you want to take.
3 June 2025 | 1 reply
Mortgage Automator, Liquid Logics, and Loan Servicing Soft are a few of the popular ones.
2 June 2025 | 8 replies
This would at least require additional building materials and may necessitate other soft costs associated with redesigning the building.
28 May 2025 | 3 replies
Far too often individuals will brush someone off because they can't be of immediate help in some way.
28 May 2025 | 4 replies
I have found chatGPT to be more accurate within solution 1 or 2 than Gemini especially when it comes to imagery.Check this out, after uploading the Corcoran logo with this prompt here is what happened on the two platforms:"Create a detailed 3D render of this logo made from colorful felt.It should have a soft, fuzzy texture with visible stitching & hand-sewn details.
28 May 2025 | 1 reply
A full lighting upgrade improves curb appeal, enhances tenant comfort, and signals a well-maintained home.Interior Lighting Tips:- Replace outdated fixtures: Swap out 1970s-style lights for modern pendants or flush mounts- Add ambient lighting: Brighten dim areas with soft, even lighting- Incorporate task lighting: Install under-cabinet lights, closet lights, or reading lamps for added functionalityExterior Lighting Tips:- Clean or update fixtures: Sometimes a deep clean is enough.
30 May 2025 | 19 replies
Not to say that rent payments are always done a few mins after the grace period ends after several reminders.I'm not sure if I am being too hard on them or too soft-skinned as a new landlord but this is frustrating me quite a bit.
4 June 2025 | 38 replies
Invest primarily in hard assets and a bit of soft.