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28 December 2024 | 24 replies
Just be cautious of DTI (debt-to-income) ratios when qualifying for additional loans if you’re relying on projected STR income—most lenders require at least 12 months of rental history.
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17 December 2024 | 0 replies
Investment Info:Single-family residence wholesale investment.
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16 December 2024 | 2 replies
I would first check to see if HELOC is even an option - in TX its hard to find and can only be done for a primary residence.
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16 December 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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13 December 2024 | 4 replies
Some states (NOT ALL) offer reciprocity for real estate licenses in certain other states, BUT that just means that if you have a license in one state that you can use that to qualify for a license in other states that offer that reciprocity.
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17 December 2024 | 3 replies
Loan terms are 30 years fixed and there are 10 year IO options available.Lenders will require a Passport, Verification of Residence (Mortgage Statement, Utility Bill, etc..), Either a US credit report or credit trade line history in your country of origin, US Entity documents (EIN, Operating Agreement, Articles of Organization,), 2 months bank statements for proof of closing, and 6-12 months reserves on top of closing costs and DP.
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16 December 2024 | 6 replies
We managed to navigate it, but it was a lesson in the importance of understanding both federal and state regulations.Given your location in Boston, Massachusetts, it's especially pertinent to consult with a qualified intermediary or tax professional familiar with both federal and Massachusetts state laws to ensure a smooth exchange process.
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15 December 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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13 December 2024 | 5 replies
Quote from @Aaron Provencal: Investment Info:Single-family residence fix & flip investment.
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3 February 2025 | 114 replies
For anyone seeking an endorsement on Pace's training programs you should understand that simply participating in his programs and acquiring property does not mean they are in fact going to be successful so you should qualify what "success" means to them and what it would mean to you.