Laura Casner
Estimating operating cost on a new construction STR
11 July 2024 | 10 replies
As an STR investor and agent in Phoenix, Arizona, I would utilize your local tax records and look at similar new builds in the area (even if they are in different subdivisions - as long as they are apples to apples).
Shawn Underwood
James Carlson
Hot take: Personal booking websites for your STR are overrated
7 March 2024 | 82 replies
Who else but Boomers are slow-typing into Google "V-a-c-a-t-i-o-n R-e-n-t-a-l T-a-h-o-e"?
Vincent M.
STR in the Smokys - Expenses
15 September 2018 | 41 replies
You have to compare apples to apples when looking at AirDNA.
Kevin Lefeuvre
What will be the impact of the Coronavirus crisis on real estate?
10 November 2021 | 686 replies
I will walk and miss a deal rather than grab that tempting apple.
Keri A.
Is fortune builders mastery program legit?
10 November 2019 | 316 replies
They are to Real Estate what Apple was to phones.I wish you the best of luck.Herman
Andrew Bosworth
Best current commercial lending options for small/mid-sized apartments?
19 February 2025 | 13 replies
Freddie Mac Small Balance Loan (Dauphin County, PA)Loan Purpose: Permanent Financing (Refi & Acquisition)Loan Proceeds: $1,000,000 - $7,500,000Loan Sizing: 70-75% LTV; 1.30x DCR (Small Market) Amortization: 30 YearsLoan Term: 5-10 Year Term (Fixed), 10 or 20 Years (Hybrid ARM)IO Term: Partial Term IO (70-75% LTV; 1.30x DCR); Full Term IO (60% LTV; 1.45x DCR)(Small)Rate Types: Fixed & Hybrid ARMRate (Est): 6.10%-6.60% (Assumes Mission Driven)Rate Lock: Rate Lock @ ApplicationNon-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Standard - Greater of YM or 1.00%Flexible Prepay: Flexible Options – Stepdown & Extended Open/Par PeriodsRate Buydowns: Yes – Rate Buydowns Available Up to 2.00%Assumable: Yes – Assumable LoanCash Out Refi: Yes – Cash Out Refi OKFannie Mae Small Loan (Dauphin County, PA)Loan Purpose: Permanent Financing (Refi & Acquisition) Loan Proceeds: $1,000,000 - $9,000,000Loan Sizing: 80% LTV; 1.25x DCR (Nationwide Market)Amortization: 30 YearsLoan Term: 5-30 Year TermIO Term (PTIO): Partial Term IO @ 80% LTV; 1.25x DCR IO Term (FTIO): Full Term IO @ 65% LTV; 1.35x DCR Rate Type: Fixed RateRate Lock: Rate Lock @ Loan CommitmentRate Structure: Treasury Yield + SpreadRate (Est.): 6.50%-6.75% (Assumes Mission Driven)Non-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Yield Maintenance; 1.00%; 3 Mos Open @ ParFlexible Prepay: Flexible Prepayment Options Available Escrows: Taxes, Insurance, Replacement ReservesRate Buydowns: Yes - Rate Buydowns Available Up to (1.25%-2.00%)Assumable: Yes – Assumable Loan Cash Out Refi: Yes – Cash Out Refi OK