
19 July 2024 | 0 replies
Real Estate News in BriefA string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortgage rates are already moving lower.Reminder!

19 July 2024 | 21 replies
JustinPersonally I'd use it to buy off market using creative finance keeping a healthy amount in reserves.

19 July 2024 | 3 replies
I’m still saving for purchase price and reserves, but while I do that, I heard on the podcast to try to just analyze one property a day and after a month or two it’ll become much easier.

15 July 2024 | 8 replies
If you're reserves aren't getting enough to cover inflation, you are going backwards.About my best idea is to look at your time frame.

19 July 2024 | 6 replies
This money can used by the Landlord to pay their mortgage, set away reserves for structural and roof capital expenditures and most importantly, put money into their pocket.

18 July 2024 | 18 replies
I have about 10-15k to play with which should be enough to cover closing costs and have a small bit in reserve If I can't find a Tennant.

18 July 2024 | 5 replies
$23000 plus you or Mom need a cushion for reserves as you won't rent it day one.

18 July 2024 | 11 replies
Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the property.Are these typical hard money terms or is this too much?

18 July 2024 | 5 replies
Cah out can be used as an asset and for PITI reserves and a Heloc can "Never" be used as an asset or PITI reserves.I generally work out the options for my clients to compare a cashout to a Heloc so you can see payment to payment, overall costs and rate.

21 July 2024 | 64 replies
I'm a big fan of having multiple exit options: if the deal makes more sense to flip, then flip it to increase your cash reserves.