Jenni Utz
House Hacking with Multifamily Properties: A Game-Changer for Real Estate Investors
26 November 2024 | 2 replies
It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.
Henrry Novas
How to Grow New Construction Business
22 November 2024 | 1 reply
So in your example, buying a trackhoe might grow your business or create greater profit by eliminating some outside costs, or letting you take on bigger projects, or speeding up existing projects, etc (just an example).
Tom T.
End Game Strategy
27 November 2024 | 8 replies
Hiring a property manager under Option B lightens the burden but eliminates cash flow if you leverage the property with a DSCR loan.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I do have them sync their bank accounts and credit cards to eliminate human error in entering items, and ask them to avoid putting personal expenses on those accounts.
Lisa Bell
Closing for a NON Profit
22 November 2024 | 9 replies
Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.
Sri Voodi
Investing in Single Family homes in Akron/OH
26 November 2024 | 16 replies
Returns look good on paper but the kind of tenants those homes will attract will eliminate your cash flow.Invest carefully.
Nathan Gesner
Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
But the risk caused by this, is that the safety cushion is reduced or completely eliminated, and a small problem can cause a catastrophic default on the debt.So, many of these aggressively structured deals have been heavily distressed.
Christopher Robert Noland
How to turn an owner finance deal into a 30 year rental loan without 20 percent down?
23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.”
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
I have found this process eliminates all the bad eggs before you even get to the interview.
Russell R Massey
Tax Lien Sale Courthouse Steps - Really weird - Why did this happen????
21 November 2024 | 24 replies
If they won't allow the property to be built on because of zoning then the municipality could be forced to pay for it as I said because they have in essence "taken" the property through the zoning ordinance by eliminating any viable use for it.