Alex Nassar
Single Family or Multifamily
29 February 2024 | 7 replies
Here are some considerations:Higher Initial Investment: Multi-family properties are generally more expensive than single-family homes, requiring a higher down payment and potentially higher financing costs.Management Complexity: Managing multiple tenants, leases, and potential tenant issues can be more complex and time-consuming.Local Market Demand: The demand for multi-family units can vary significantly by location, potentially affecting rental income and property value.If you are more interested in Class A or B properties and have a less cash flow-dependent plan, residential properties can be a simpler place to start.
Tristan Bennett
DSCR Home loans
29 February 2024 | 10 replies
Plenty of pro's including easy qualification, low documents required for underwriting/processing, and just overall convenience + turnaround time, among other nuances that make it a great loan product.
Caleb Rehg
Moving In Tenants
28 February 2024 | 2 replies
We also point out air filter locations, main water shutoff, electric panel, GFI's, sprinkler timers, and other mechanical systems.
Devin Peterson
Tax lien release search - need help
29 February 2024 | 2 replies
Borrower does not have records from 2020 any longer and lender is requiring some sort of proof of release.
Corben Briggs
Claiming residency on a 2nd home
29 February 2024 | 7 replies
Curious if the state of NH has any regulations on this type of residency transfer like if Im required to register my vehicle there and get a new drivers license or any other information that needs to be updated with my new "residency".
Paula Reavlin
Bought with my Self Directed IRA - how do I pull the equity out to buy more?
29 February 2024 | 7 replies
As @Dmitriy Fomichenko mentioned, you cannot personally guaranty the loan and the limited recourse aspect navigates that requirement.
Keith Mintz
Best way to find off-market deals?
29 February 2024 | 6 replies
Getting leads from agents require least amount of initiative and it's a good place to start.
Siddhant Pradhan
Prioritizing First 10 Properties for Out of State Real Estate Investing
29 February 2024 | 5 replies
I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan criteria become more unfavorable (variable rates, stricter credit score requirements etc.).
Nav Sidhu
Seeking Tips on Skip Tracing for Real Estate Leads in Canada
28 February 2024 | 2 replies
Whether you are a seasoned investor, a real estate agent, or someone who has successfully navigated these waters, your input would be truly appreciated.I'll go ahead and start by sharing some of my best practices.
Phil G.
Anyone fund a note with Safeguard Capital Partners?
28 February 2024 | 37 replies
Another lesson is to research companies online and in forums like this before you do business with them and if you decide to do business with someone, dip your toe in the water slowly and continue to research the company after you start working with them, because things can change quickly.