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25 January 2025 | 5 replies
Real estate is an excellent avenue to help you achieve those goals, especially since it can create both passive income and long-term wealth.
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22 January 2025 | 1 reply
If they notice you have another house and your debt to income can't cover it.
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19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
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15 January 2025 | 10 replies
The investment city determines rent growth rate, appreciation, and income longevity.What determines rent growth?
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15 January 2025 | 24 replies
Median incomes are an insane gap from cost of household/properties.
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20 January 2025 | 22 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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4 February 2025 | 10 replies
If your debt to income ratio is good, you can control a $700-800k asset with $50k.
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21 January 2025 | 0 replies
I currently don't show income and just left my other place of employment.
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20 January 2025 | 33 replies
It was only within the last 30 years has the upper middle class incomes start to spread out of the lake.