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13 December 2024 | 16 replies
Plus funding is readily available and deals need to mature a few years before profits emerge, so why would a turn key provider not just keep a good rental property.Our inventory is so low in Milwaukee, that sellers don't have a reason to give a discount.
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14 December 2024 | 6 replies
These funds can cover the down payment and closing costs for your next property.3.
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2 December 2024 | 5 replies
The operator in the market I chose ( Memphis) A Cpa I knew from BP and one of the most respected syndicators on BP who could help with raising funds.
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11 December 2024 | 3 replies
Quote from @April Smalls: Due to Holidays, there arent many events or networking opportunites. have you posted in the classifieds the deal you are looking to fund?
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12 December 2024 | 19 replies
Thank you so much for sharing your story, I'm glad to see you chose the Success Stories thread because this is truly a success story and here's why •You had enough in reserves or in an emergency fund or the ability to get enough money somehow to fix these issues and that is HUGE in itself.
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11 December 2024 | 1 reply
However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.
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5 December 2024 | 25 replies
Forget the technical name like an IRA.
12 December 2024 | 4 replies
I’d consider saving for the next few months until you’ve got 2-3 months left on your lease so you have a healthy reserve fund no matter what you decide.
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11 December 2024 | 10 replies
If you move out of the house or sell it within 15 years, you have to repay all of the assistance funds.
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?