David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
I’d like to expand the “reach” of the topic a little with my below comment“For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.
Ryan G.
BRRRR in Memphis from long distance.
30 October 2024 | 21 replies
Please feel free to reach out and I would love to help you expand your portfolio!
Will Sherman
Anyone have a lease that includes periodic use of property by landlord ?
29 October 2024 | 5 replies
I would like to be able to occupy the property for 1 week every 4-6 months, which they agree to (with enough notice on dates) as they have to travel for work at times and could easily vacate during these periods.Has anyone written this sort of agreement into a lease?
Chantell Harris
Seeking Guidance on Wholesaling and Partnering with Investors
27 October 2024 | 3 replies
I’m particularly interested in wholesaling and partnering with experienced investors to gain knowledge and contribute to successful projects.As someone who owns a rental property in Oklahoma and currently resides in the DC area, I strongly desire to expand my investment portfolio, especially in Florida.
Samuel Martin
Beginner investor advice needed
30 October 2024 | 18 replies
@Samuel MartinTry get another primary/second home if possible.If not, find a great deal and get a partner to expand your borrowing capacity.The way I scaled with no money was hustling to find the best deals and then get a partner/investor to jump in with me.
Cody Anderson
House Hacking with friends or family? Share your pros/cons
31 October 2024 | 18 replies
The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?
Jamie Dupont
Rochester NY LTR Tenant 4K damages
31 October 2024 | 17 replies
If they are professional, they can explain this quickly and easily.
David Matthew
Thoughts on my 1031 re-invest strategy?
2 November 2024 | 19 replies
It sounds like you really want to sell the mountain houses and with each of them you could easily pickup a 4-8 unit in the KC metro.
Josh Wells
Property Management in Brownsville Texas
28 October 2024 | 4 replies
If they are professional, they can explain this quickly and easily.
Dave Green
Advice on the next move
30 October 2024 | 10 replies
I can easily come up with the remainder needed to finish off the mortgage, however, that leaves me in a bit of an undesirable spot.