18 October 2024 | 34 replies
I believe many in your shoes also struggle to differentiate between mortgage debt and unsecured debt such as credit cards.
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13 October 2024 | 10 replies
I have a sick parent abroad and i am not there half the time, they kept raising the maintenance since i got there and i don't want to pay that when i am not there so my solution was to rent it out ... so while i agree its better for the building to have a lower percentage of rentals it hits people like me...
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13 October 2024 | 23 replies
They are trying to protect you from yourself and your efforts to over leverage yourself. because that's how you'd get to your next post of when the house of cards starts falling down and crushing you under it all.
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13 October 2024 | 3 replies
Maybe you do a light rehab and raise rents.
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11 October 2024 | 7 replies
You’ve recognized you need outside help raising capital.
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11 October 2024 | 10 replies
I prefer the card to the coin-op, even in a smaller property.
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15 October 2024 | 12 replies
This is like a credit card but tied to your property's equity.- **Cash-Out Refinance**: You can refinance each property to pull out cash, but this involves new loan terms and closing costs for each property.### Steps to Take- **Research Lenders**: Look for lenders that specialize in real estate investors and offer portfolio loans or multiple HELOCs.
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11 October 2024 | 8 replies
I only have credit card debt with a minimum monthly payment of under $300.
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16 October 2024 | 13 replies
You can also raise rent each year to the following years current market rent.
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16 October 2024 | 22 replies
You'll see a lot of vans & trucks with no business names on them - these are the guys to approach as they're hard working and not spending money (yours) on advertising.Be prepared, most won't have business cards and may not be friendly.Persist and you will start to build your crew.