25 November 2025 | 11 replies
I’d start there and search for episodes that match your specific questions, then watch those to get clear answers and direction.
14 November 2025 | 1 reply
This includes offering incentives, lowering the rate and offering flexible security deposit alternatives.
21 November 2025 | 10 replies
Only move forward if they communicate clearly and offer milestone-based payments instead of big deposits.
12 November 2025 | 6 replies
The key is matching the type of funding to the stage of your flip: quick acquisition money, rehab money, and finally bridging to the exit strategy without over-leveraging.For someone like you, the takeaway is to build relationships with multiple sources of funding now.
19 October 2025 | 11 replies
I suspect that full security deposit forfeiture for lease violation may not be legal.
4 November 2025 | 1 reply
Banks are definitely still involved, from what I'm seeing, even if brokers and borrowers might need to cast a little wider of a net to find one interested.For reference, about 2/3 of the loan quotes in the past 24 hours that've come through the lender matching platform I work for have been from banks.
17 November 2025 | 10 replies
Though maybe they need a new system to match invoices with payments. :-)
22 November 2025 | 19 replies
So far so good.A few months later a nice 3/2 hit my radar and I financed the deal at $67k that rents for $825.I use a property manager here in Rome and they have been great to work with, although they do not have direct deposit, they do take care of everything and only charge 6% with no upfront fees.
4 November 2025 | 19 replies
They purchased using a program that finances 100% of your purchase/rehab on paper, and takes a 15% deposit as cash-collateral that they hold until you refinance.• $60k purchase• $35k rehab• $95k total rehab loan payoff• 15% deposit = $14,250 "down payment"• $126k ARV (confirmed via refinance appraisal, borrower expected this to be higher)• 80% rate/term refinance ($100,800 loan) @ 6.75% [700-719 FICO]• Applied $4k of deposit to payoff for an updated payoff amount of $91k• Cover closing costs with 80% r/t refi + $2k back to borrower at closing (still considered a r/t refi if under $2k) + remaining $10,250 deposit reimbursed after payoff = $12,250 total back to borrower• $4k of his deposit + closing costs for rehab loan = his "cash" in the deal• $1,250 market rents• Total PITI = $765.62• DSCR = 1.6327 I do not see the hold costs.
8 November 2025 | 2 replies
I’m considering a 1031 exchange and would like feedback from investors who have experience with mobile home parks, particularly smaller, park-owned operations.Current Property (Selling):Duplex purchased in 2021 for approximately $145,000; estimated current value around $210,000\Loan balance: about $90,000Gross rent: $2,400 per monthNOI: approximately $16,000–$18,000 annuallyCash flow after mortgage: around $750–800 per monthLow management requirements and stable tenantsReplacement Property (Under Consideration):Seven-unit mobile home parkAsking price: $395,000Rent: $750 per unit plus $40 for water (total $5,530 per month; $66,360 annually)100% occupied with long-term tenants, several in place four to five yearsAll homes are park-owned, purchased between 2016–2018 with metal roofs and Hardie sidingOwner pays water and sewer (aerobic septic); tenants pay electric and trashMaintenance handled by one individual for $400 per month using personal equipmentGravel road, well maintained; potential to add one or two additional homesMy Pro Forma:Vacancy: 5%Expenses: approximately 40% of effective gross income (includes water, insurance, taxes, maintenance, mowing, etc.)Estimated NOI: $37,800Financing assumption: $255,000 loan at 8% interest, 25-year termAnnual debt service: approximately $23,574Projected cash flow: about $14,250 annually ($1,188 per month)Cap rate: approximately 9.6%Cash-on-cash return: around 10% on $140,000 downDSCR: 1.6 (strong coverage)If the price can be negotiated to the $360,000–$370,000 range, the cash-on-cash return improves to roughly 11–12%.Pros:Consistent, well-maintained units with matching exteriors.