Stewart Thompson
Seeking Property Management Broker and Experience
31 January 2025 | 3 replies
My question to y'all good folks: Do you know of, or can you recommend, a company or brokerage that deals in property management in California that I could work for full-time and learn everything there is to know?
Alex Patton
Refinance DSCR Advice
3 February 2025 | 26 replies
I am posting here because I am looking for some advice or recommendations from other investors who can recommend a lender that they had a pleasant experience with.
Joel Barjon
Refinance my rental property
5 February 2025 | 16 replies
The factors to consider are your overall objectives, your credit score, DTI and personal financial condition I recommend you find a broker or originator whom you can trust and have them weigh your options.
Aaron Sommerville
Purchasing my first rental property in 12 - 14 months, any advice?!
26 January 2025 | 4 replies
I recommend you budget 5% of the gross rent (for the whole place, even what the rent would be if you were living in it as a tenant) for repairs and 5% for capital expenditures.
David Milanese
Wholesale knowledge please!
28 January 2025 | 11 replies
As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
I highly recommend them!
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
Michael Addison
Newbie looking in Cleveland
2 February 2025 | 7 replies
@Michael AddisonIf you're just getting started in Cleveland I would recommend being in areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
Any recommendations for starting strong would be appreciated.