Beth Anderson
Is it smart to buy a house hack that we couldn't afford without the rental income?
18 April 2024 | 18 replies
If your current property doesn't meet these criteria, it might be wise to keep looking for one that better suits your financial situation and goals.
Brian Greenway
GC terminates contract early and leaves unfinished jobs
17 April 2024 | 5 replies
It sounds like you have a contractor that either is in over his head (skill wise or help wise) if money is not the issue.
Fernando Gigiiotti
Bank Statement HELOC for non U.S. citizen
17 April 2024 | 5 replies
But not my specific situation, hoping some wise minds can help.
Jake Smalley
(Please Read) - Creative structure required involving Trust and family sale
17 April 2024 | 3 replies
She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.
Punit Goel
Hello from Richmond VA
16 April 2024 | 8 replies
Additionally, thinking about investing in different property types or enlisting the help of a trusted property management firm may be wise choices.
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
G'Day everyone,Have you guys seen what @James Wise thinks about Ohio Cashflow and the Toledo market?
Kyle Mitchell
How do you guys straddle the definition of investment property and second home?
17 April 2024 | 8 replies
Although if you are investing for at least a decent time frame (~5 years) then having a prepayment penalty on a DSCR Loan for the property is going to be very competitive rate and terms wise with a 2nd home loan anyway - I would say the "full two points" is a little exagerratedhttps://x.com/Wildlaw406/status/1689395078589276160
Prithwish Mukherjee
New to real estate investing - part 2
15 April 2024 | 3 replies
From what I read this is not a good choice investment wise since the prices are really high (~700K).
Ara Jo
Where to invest in San Antonio?
16 April 2024 | 27 replies
I agree that coming here for a visit would help you understand the dynamics of San Antonio so that you can invest wisely for years to come.