Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Proximity to new transport links, business hubs, or recreational areas can increase your property's value and attractiveness.6.
Bryant Xavier
Bryan / College Station Investor friendly GC
11 October 2024 | 8 replies
I also manage rentals for some private clients.
Kristi K.
Paying points for a Loan
15 October 2024 | 21 replies
It's interesting to me how some of you respond on a public forum vs those who privately DM and want my business.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
If you want to leave your IRA intact and avoid penalties or taxes, consider other options such as:HELOC (Home Equity Line of Credit): If you own property with sufficient equity, a HELOC can provide funds for a down payment without tapping into your IRA.Personal Loan: Depending on your credit, a personal loan may be an alternative.Seller Financing or Private Lending: Look into creative financing options for real estate investors, such as seller financing or private lenders, which can help with down payments without needing to use your IRA.
Sarah Hatton
Bpcon 2024 Meetups?
6 October 2024 | 15 replies
Some items considering:- Chichen Itza- Swimming in cenote Ik Kil- Valladolid Centro- Las Coloradas- Izamal- Akumal beach- Shopping in Playa del Carmen- Tulum Ruins- Cenote Dos Ojos- Xplor- Parque Nacional de los Arrecifes (cozumel island)Have not yet looked into transportation or lodging for period outside the conference dates.
William B Mcelmurry
First fix n flip
9 October 2024 | 1 reply
Once I had the property under contract approximately $50,000 below market value, I contacted A private money lender.
Alexis Moody
Mortgage financing and Debt to income ratio
11 October 2024 | 4 replies
Its a good question and lots of resources here on BP to learn - generally going the "conventional" route with mortgage loans from private lenders that conform to GSE (Fannie Mae) standards is great for your first few, then many switch over to "DSCR Loans" when they start scaling towards property number 3,4,5 etcI recommend talking to Jeff Welgan at Bluprint home loans to talk to to learn about the conventional options https://bluprinthomeloans.com/jeff/Also feel free to check out these resources on "DSCR Loans" which don't use DTI at all and are really good for scaling:BP-Published DSCR Guide!
Charlice Arnold
Rental Loans Boost Your Investment Portfolio?
10 October 2024 | 7 replies
Anyone who replies "yes", expect a private message lol.
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
10 October 2024 | 9 replies
I would also consider "private money" from friends and family for your first deal as well - maybe offer 8-10% simple interest and see if anyone would be interested.
Fang Li
Private seller wont accept hard money -- any solutions
8 October 2024 | 10 replies
Hello everyone!
I'm new to real estate and currently don’t own any properties, but I’ve been learning a lot recently. I’m trying to work with a seller who deals in off-market properties, but they only accept cash or ...