
23 May 2024 | 8 replies
To make my point, if you own a property and have an amazing 2% interest rate but only cash flow $100 per month but can buy 4 units and cash flow $400 per month but have a terrible 10% interest rate all things equal would you not do it?

22 May 2024 | 2 replies
If it were a dog of a property and still penciled like this, I would be equally emotional.

24 May 2024 | 42 replies
Abroad, the challenge is equally glaring.

22 May 2024 | 0 replies
I think between the last option and this one, most folks would pay the 1% + 0.25% for the lack of PPP.Commercial Mortgage Backed Security: Net worth must be equal to the loan amount, and liquidity must be 10% of the loan amount, absentee borrower is fine/normal here.

22 May 2024 | 74 replies
Contrary to popular belief, yes good operators do market and spend money on marketing because there is so many bad offerings out there they still need to be noticed.

22 May 2024 | 3 replies
All things being equal, the party that submitted first should theoretically have priority?

20 May 2024 | 0 replies
When the four words in my title here are used, typically you can expect to hear some nostalgic idiot go on about his many cognitive dysfunctions about how wonderful the past was and how hard and miserable times today are.This is not one of those times.What I'd like to ask in this discussion is: what limiting beliefs did you have to eject along the way of your investing journey in order to succeed?

21 May 2024 | 3 replies
The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.

22 May 2024 | 48 replies
One last challenge is their estimate of property taxes - they are all VERY low:(Michigan has some interesting property taxes because there's a Taxable Value and a State Equalized Value, as well as Homestead and nonHomestead millage rates.

20 May 2024 | 1 reply
She had a choice of putting down a deposit equal to two month's rent or paying monthly "deposit insurance."