
2 August 2024 | 15 replies
They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

5 August 2024 | 7 replies
I am especially interested in learning to master the BRRRR method, but also ready and willing to use traditional methods to build my portfolio.

6 August 2024 | 8 replies
Research local market rates to determine how much more you can charge; often, Airbnb properties can command 20-50% higher than traditional leases, but this varies by location and demand.

5 August 2024 | 15 replies
@Michael KaminskiIf your existing home is on the market the bank could do a traditional bridge loan which is short term and gives you time to sell your home - just want to make sure you have plenty of equity that when it sells it can pay off that loanWhat state you in ?

6 August 2024 | 4 replies
Investing in a syndication or fund could be a good fit given your situation.I started investing in some fix and flips and some smaller residential properties from traditional BRRRs.

5 August 2024 | 1 reply
Would this be advantageous at all when compared to a traditional BRRRR and keep it as an investment property?

6 August 2024 | 29 replies
These weren’t traditional “tear downs”.

5 August 2024 | 6 replies
These loans are non-conventional, making them much easier to qualify for compared to traditional financing options.

5 August 2024 | 7 replies
Would this be a flip, brrrr, traditional Rental, owner occupied?
6 August 2024 | 16 replies
I am talking about more traditional real estate.. like when I am selling one of my new constructions they must have a pre qual from a lender I know and trust.. if not I wont sell it to them.