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20 January 2025 | 6 replies
-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.
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12 January 2025 | 12 replies
It’s super important you prioritize the end product: something that gets the job done well as an STR.
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23 January 2025 | 6 replies
I'm not sure if we can do business together, but we could certainly chat and see.
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20 January 2025 | 0 replies
To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.
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20 February 2025 | 21 replies
New people should learn to fix stuff, do leasing themselves and grind it out so they understand the business.
13 January 2025 | 21 replies
Hey Account Closed - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
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20 February 2025 | 11 replies
You're a business owner now nothing wrong with that.
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20 January 2025 | 1 reply
To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.
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20 January 2025 | 1 reply
- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.
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6 January 2025 | 77 replies
Yes, this is a product of laziness on the part of the user base most of the time, but also because the actual search function is not that great.