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29 December 2024 | 253 replies
See, what I need is a way that people like me can "open the doors" without a sudden, unexpected windfall and without "pulling a rabbit out of a hat" - most of us don't even have a hat, much less a rabbit!
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9 December 2024 | 4 replies
Can you make it a 12 bedroom 12 bathroom?
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13 December 2024 | 4 replies
Many Loan Officers like to BS to get a client in the door.
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16 December 2024 | 6 replies
It took me 11 years, 25 properties and 76 doors to replace my income but when I bought my first larger commercial deal, it replaced my wife's income in one year.
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11 December 2024 | 6 replies
The property is a 3 bedroom, 2.5 bathroom townhouse.
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17 December 2024 | 4 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
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10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?
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16 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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27 December 2024 | 66 replies
look man, my area is higher than miami but I can convert a house to DSCR 2.x after I build 2 bathrooms.
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11 December 2024 | 4 replies
@Jaren Woeppel I own a management company that focuses almost exclusively on the management side for revenue and has right at 700 doors under management.