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12 November 2024 | 5 replies
Definitely looking to start smaller, in the 2-4 unit range, but seeing what you put in your buy box helps me think about narrowing mine.Plan is for funds to primarily come from saving from my W-2 work and possibly utilizing equity from my primary residence, though that is something I would need to really plan out.
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11 November 2024 | 8 replies
@Roopesh KrishnamoorthyFinding cash flowing SFR is going to be a challenge (especially since you are looking for a primary at this point) and if you leave (H1B lottery) then do you plan to continue to fund any shortfall from India?
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4 November 2024 | 0 replies
Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.
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14 November 2024 | 10 replies
BRRRR is VERY hard right now out West.So, you have the primary that you live in and what is the other property?
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9 November 2024 | 8 replies
I need a primary home for me and my child and dogs.
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13 November 2024 | 11 replies
And if they found those tools helped them or not with the "jobs to be done" of their primary steps in the workflow (Find, Vet, Communicate & Manage (Leasing, acct mgmt, cleaning, etc), + Checkout) for their purposes.Thanks @Jamie Banks
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11 November 2024 | 5 replies
Close to your primary residence?
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12 November 2024 | 8 replies
Listening to podcasts: this is the primary avenue that you see a lot of sponsors getting their name out there, even if they can't market their offerings.
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8 November 2024 | 3 replies
Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).
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13 November 2024 | 13 replies
These loans often have more straightforward qualification requirements for investors with multiple properties but may have slightly higher rates.Cash-Out Refinance on Your Single-Family Rentals: If each has around $70k in equity, a cash-out refinance could provide some capital for the down payment, renovation costs, or even help you buy the 4-plex outright.FHA 203(k) or Conventional rehab loan: If you’re planning to occupy one of the units as a primary, FHA’s 203(k) loan or a conventional renovation loan could help with purchase and rehab costs at lower interest ratesPortfolio Loan: Some local banks may offer portfolio loans for investors with multiple properties.