29 April 2025 | 4 replies
The South Carolina 6% property tax rate on 2nd homes is nasty - we paid $6500 for 2025 on a townhome valued at $285k.
29 April 2025 | 3 replies
There is no list of qualified gap lenders -90% of them online are scammers as the reality is any sane investor will not take the risk of financing up to 100% of the transaction - and if they do it will be at credit card rates which makes the deal metrics almost never work.only time it works is if there is a borrower who has other assets that they can cross collateralize.
29 April 2025 | 0 replies
Projected Needs by 2030: The Charlotte metro area is expected to require at least 72,000 new apartments by 2030 to meet growing demand.
29 April 2025 | 5 replies
Without MLS, it's hard to capture multiple realtors at one time.
29 April 2025 | 9 replies
So I’d be all in at $720,000, while comps suggest the new building would be worth only around $550,000.A bank won’t finance the full project since the after-repair value (ARV) doesn’t justify the cost.
30 April 2025 | 64 replies
I would say to look at Columbus while it is still investable and there is inventory.
29 April 2025 | 6 replies
I'm basically new at this, so I'm diving full in.
28 April 2025 | 11 replies
I have only been looking at conventional financing at this point.
28 April 2025 | 19 replies
If I moved into a rental at $1700 + $1000 a month for my mortgage.
29 April 2025 | 4 replies
If the remaining tenant does not solo qualify we look at the application of the new applicant and evaluate it with the existing tenant.