Nicholas Dillon
How to decide if a HELOC for your next deal is a good idea
24 January 2025 | 1 reply
Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
Reason being HML's are typically short term loans that are interest only.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I get a lot of applications from out-of-area people, typically moving from another state.
Michael Deering
Buying Rentals in Japan
25 January 2025 | 15 replies
So if you see a foreclosure, it's not a typical thing, and the people involved are not typical.
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Typically max leverage is 70CLTV - very higher Prepayment penalties and be ready for rates north of 12% - I answer this question all the time.
James Winchester II
1st flip, brick house with fire damage
23 January 2025 | 3 replies
Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out.
Jonathan Snider
LLPAs for Vacation Home Loans
28 January 2025 | 8 replies
There are alternative programs out there with reduced cost, but you are typically looking at 20% down.
Ryan Rabbitt
Off Market Lead Generation - FuelPoint
24 January 2025 | 3 replies
People who complain about the quality of leads typically fail to understand that it takes months and sometimes even years to nurture and convert a lead.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
In southern CA, even garage conversion ADU additions are typically costing more than the value added.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
Typically, I also avoid paid education because there is so much free content.