Jack Mi
What do you all think about this deal?
30 September 2024 | 5 replies
I'm not the person to answer your primary question on the quality of investment opportunity - but I'm sure other will chime in.
Jason Guenther
My financial situation... what to do..?
3 October 2024 | 29 replies
@Jason Guenther why not:1) Pay off unsecured debt of $552) Get a HELOC on primary for EMERGENCY purposes only.3) Buy a 2-4 unit and live in one unit, rent the rest.
John Ki
Syndication advice in Dallas Forth Worth area
30 September 2024 | 10 replies
Not saying its a bad deal based on loan terms because it might make sense just know as an LP what you are getting into.Market Type & Competition:Determine if the property is in a primary, secondary, or tertiary market.Evaluate supply and demand, focusing on new inventory coming online in primary and secondary markets versus more stable tertiary markets.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
If you don't understand the primary differences between Bitcoin, Ethereum, and Ripple, your opinion on Bitcoin is evidently not worth much.It was mentioned above that Bitcoin should be regarded as an option and that's exactly correct.
Shawn McMahon
Denver Colorado
3 October 2024 | 26 replies
You can set up searches and get instant alerts, as well as open the app to see what's for sale around you using GPS.Keep that investor mindset when buying your primary residence and make sure if you want or have to move sooner than expected you have exit strategies in place such as buying something that will rent and cover it's own mortgage.
Jason Xenakis
How do you effectively choose a real estate agent: The Real, Real Estate Agents?
3 October 2024 | 46 replies
If an agent works with mostly primary home buyers, they might not be the right one to work with (see my comments above in the thread) since a primary buyer and investor have different goals.
Michael Emmanuel
Two convensional loans, one to live in and one rental at the same time.
27 September 2024 | 8 replies
You can qualify for a 3% first time primary home loan either first or after you buy an investment property.
Becky Swenson
DSCR loan for student housing
27 September 2024 | 8 replies
I would suggest you use a different non-qm loan product that allows for family members to occupy but doesn't require you to make it a primary residence.
Deborah Wodell
Thoughts on Using DSCR Loans
3 October 2024 | 14 replies
I wanted to add to the Why, should a investment property buyer use a DSCR program over a Full Conventional purchase or refinance, as we do all programs, whether for a primary, 2nd home or investment property.Currently Full doc loans, meaning using tax returns (2 years) for qualifying can be tedious work and interest rates are higher compared to our DSCR products, since on Fannie Freddie conventional loans require LLPA's ( loan level price adjustments) added to the base rate.
Kevin Mirise
High cashflow Lodging house, walkable beach community S of Boston
1 October 2024 | 2 replies
Appliances and fixtures were old and tired.Basically, the core bones of the property were good, but there were a lot of things that seemed ripe for easy improvement.The location was great, right next to the town’s primary commercial district, with a grocery store 100 yards away, coffee shop/bakery, Post Office, drugstore, hardware store, hair and nail salons, barber shop, dentist, bank, a half dozen restaurants, and a variety of other shops and services.