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3 February 2025 | 10 replies
you will not find a cashflowing property at 100% financing whether its with a traditional loan and heloc or whatever the terms.
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8 February 2025 | 29 replies
Our area has a good selection of hard money lenders, and every now and then, you might find an owner willing to carry the loan, often at attractive rates.
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28 January 2025 | 4 replies
We've worked with local banks and been able to finance the three we own without any issues.I don't necessarily know if it's "beginner" investor friendly but you'll learn everything you need in the bootcamp which is the gold standardWe get loans with 3-7 year balloons and 25 year amortization typically
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20 January 2025 | 7 replies
If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.
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29 January 2025 | 9 replies
I would suggest reaching out to owners of multi family who have no loan on the property.
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18 January 2025 | 10 replies
Quote from @Guadalupe Batana: Learning about different types of loans is always a smart move, especially as an agent.
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12 January 2025 | 1 reply
But your mileage may vary.
27 January 2025 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.