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28 January 2025 | 9 replies
I don't know how many BP members in active status down here near Northfield or further south but I would be interested in meeting them as well.
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29 January 2025 | 5 replies
Right now, my company is paying for my license through the WRA, as well as all of my networking opportunities, and it has worked out much better than I imagined.
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22 January 2025 | 9 replies
Make sure you do your research as well.
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8 February 2025 | 10 replies
As Jay mentioned they must be NMLS licensed if owner occupant of in several states even commercial needs licensing.The NMLS is like the database, each state has a division of banking that oversees lending requirements then you also on the federal level have CFPB as well as consumer protection laws.I want to add that I believe yesterday the CFPB is undergoing changes, but if it goes away that does not mean that many of the laws in place especially consumer protection laws would go away.
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30 January 2025 | 10 replies
I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.
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24 January 2025 | 1 reply
For first flips better to start with a small cosmetic rehab until you get to know the process and the team well.
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30 January 2025 | 14 replies
They also benefit from strong schools, which can be a huge draw for long-term tenants.While you may not achieve high cash flow immediately in these areas, the property values and rents tend to appreciate steadily over time, aligning well with your goals.
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22 January 2025 | 9 replies
So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.
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13 February 2025 | 10 replies
So to clarify, you CANNOT live in a DSCR property as DSCR is business purpose only and that is not allowed. 5-10 units can also qualify for 30 year fixed DSCR loans as well.
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23 January 2025 | 10 replies
It will depend on your preferences and how well you think you will tolerate having a room mate as you approach a new life with your partner.