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12 January 2025 | 8 replies
This diversity provides a certain level of stability to the job market.Population Trends: The population has seen modest growth in the last decade.
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11 January 2025 | 67 replies
Am I giving myself another job/business?
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12 January 2025 | 8 replies
And for sure I highly doubt those that teach the common wholesaling techinques are not up to speed with all these new laws in all the different states..
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16 January 2025 | 4 replies
A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.
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18 January 2025 | 11 replies
If it's on your credit, you are on the hook for it.However, it shouldn't effect the loan process too much, a simple Letter Of Explanation should be able to get the job done with the correct investor.
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12 January 2025 | 20 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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6 January 2025 | 9 replies
It's a part time job now.
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18 January 2025 | 15 replies
Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.
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4 February 2025 | 87 replies
, I recall posters mentioning & it lowered risk. not a model I do in my day job.. just recall TEXAS investors commenting that LO is either not legal or highly restrictive in Texas.
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12 January 2025 | 23 replies
I'm really busy with my w2 job working all the time to fund my investments.