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29 January 2025 | 24 replies
@Malcolm Brown Are you planning to purchase a property in your personal name or via an LLC?
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9 February 2025 | 36 replies
I have been to a few of them personally its really something and the folks that own them are under the radar and make MILLIONS.
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22 January 2025 | 5 replies
I personally think it is best to work with local professionals with a good track record.
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21 January 2025 | 14 replies
BUT, let’s say for personal reasons you want to “stretch” for faster wealth accumulation.
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22 January 2025 | 7 replies
I personally have not heard of the website that you came across.
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19 January 2025 | 9 replies
Keep in mind that DSCR loans are how most investors have scaled. whether its residential DSCR or commercial DSCR at 5+ units. personally, i like them better. few reasons why:1. seasoning period is only like 10-30 days vs 60days going conventional2. seller max contributions DSCR is 3-6% where conventional its only 2% max3.
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25 January 2025 | 13 replies
I would personally put them in notice just because they never tried to communicate it on the back end of fixing it.
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11 January 2025 | 12 replies
Require co-signers (like their parents), check references from previous landlords or college housing, verify enrollment status, and personal interviews to gauge responsibility.6.
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21 January 2025 | 27 replies
There is a large population of low income persons who are poorly integrated and somewhat centralized.
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19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.