Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
15 January 2025 | 13 replies
For example, you could create a weighted structure where a percentage of profits is based on cash contributions, and another portion compensates for rehab or management efforts.Rent Payments and Tax-Free Profits:If you structure it as an owner-occupied property, the rent you pay could be shared proportionally, but tax-free gains on resale may only apply to your share, as you’d be the owner-occupant.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
12 January 2025 | 0 replies
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
Jack Townsend
One Brokerage BRRRR Loans
6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
11 January 2025 | 8 replies
Thank you so much for taking the time to answer :)sent you a message, would love to work with you.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
@Eric Jones - Amazing job being patient, I'd have given up after 3 tries.
Dmytro Shcherbitskyi
First-Time Syndication Advice Needed
7 January 2025 | 2 replies
Hi everyone,
I’m planning to syndicate my first real estate deal and would love some guidance.
What are the best steps to take when getting started?
Are there any key resources, platforms, or strategies you’d re...
Abriauna Garcia
Advice for a first time home buyer
27 December 2024 | 3 replies
A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!
Eli Edwards
Help finding active wholesalers
16 January 2025 | 8 replies
So, the chances of someone trying to find the TRUE below market deal in their “spare time” is not great. 40 years ago you could.
Sri Reddy
Is it good time to buy in austin
3 January 2025 | 2 replies
Hii I am a first time investor trying to understand if Austin is a good market to buy a SFH and rent.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
Customers cant get materials to the job on time or the wrong materials show up .