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13 February 2025 | 5 replies
We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months.
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15 January 2025 | 9 replies
Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.
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27 January 2025 | 3 replies
I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.
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6 February 2025 | 5 replies
Buying a portfolio without experience just throws you in the deep end without the ability to learn and develop these things. 2.
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6 February 2025 | 6 replies
Quote from @Jinxiang Xu: New to being a landlord, and already forked out $20k for foundation repair on this rental house.
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18 February 2025 | 20 replies
Here's link: https://rent.app/landlordAppears they are a type of payday advance lender for rent payments.Seeing more & more of this on banks statements for rental applciations, so predicting we'll all be accepting rent from them eventually for Class C & D tenants that can't seem to get out of their paycheck-to-paycheck cycles.
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24 February 2025 | 4 replies
Hi everyone, heres my BRRRR situationpurchase price 520,000rehab 25,000Appraised at 600,000Rents are now at 1950, 1850 and 1600 totaling 5400My question is can i get a DSCR to take out all 545,000 as the rent roll to to a mortgage for that amount would ratio out to around 1.4 but....obviously appraisal is not high enough for 80/20Any info on this or suggestions would be great.
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23 January 2025 | 165 replies
Now do i think human activities can have impact on this, 100%.
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24 January 2025 | 17 replies
If it’s a good deal based on the comps, and in a good location, then I’d look into a conventional loan and maybe putting a little more down so that it cash flows.