
6 June 2021 | 9 replies
I recommend reviewing the pictures of comparable properties that have sold within the last 6 months at the price point your aiming for.

20 June 2021 | 4 replies
We don't typically advertise a target refinance date or amount unless it's an essential element of the business plan (heavy value add), but include it as a preference within the first 1-4 years of ownership.

3 June 2021 | 0 replies
Remember to compare rates from different lenders to find the best deal.Borrowers who make 80% or less than their area’s median household income qualify for the Refi Now and Refi Possible programs.

3 June 2021 | 1 reply
The rehab only increased the value, where value is not a function of NOI on residential properties, but a function of price per sq. ft. comparable sales, or “comps”.Debt service coverage ratio (DSCR) is a function of annual NOI and principal & interest (P&I), and is calculated as NOI / P&I.

7 June 2021 | 14 replies
@Masood AminPlenty of private/collateral based lenders who care little about borrower income when making a secured loan.Bringing on a partner is not a bad idea in my experience, however, as long as you have a good deal on hand, you end up giving more of the deal to the partner than you would comparatively with a lender.I've never heard of a private lender charging a risk premium due to lack of employment, learning something new every day!

9 June 2021 | 8 replies
The elevation of that floor compared to the Base Flood Elevation can make a big difference in the flood rates with some companies.

8 July 2021 | 10 replies
The timely & effective boots on the ground is also an element to consider.

6 July 2021 | 3 replies
It's difficult to compare all the nitty gritty.

8 July 2021 | 3 replies
I understand that I’m the county it maybe hard to find good comparable data; and most of them seemed ok from a novice perspective but one of them was absurd.

3 July 2021 | 1 reply
That is very different from buying national investment grade credit rated tenants with long term leases so the 2 are not comparable.