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28 November 2024 | 10 replies
Access to Larger Loan Amounts: Cross collateralization allows borrowers to leverage multiple properties, which can lead to a higher overall loan amount than what might be possible with a single property.2.
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1 December 2024 | 32 replies
She waiting for things to get better but after 3 years sold both buildings because of the non-stop repairs and tenant issues.
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4 December 2024 | 33 replies
I decided to purchase property in Pennsylvania where properties are more affordable in certain parts, demand is relatively good (less vacancy), healthy cash flow, and tenant laws are more favorable to the owner side in case your tenant stops paying their fair share.
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29 November 2024 | 9 replies
You may have to sell the whole property to access the funds in the IRA or 401k when you retire and for required minimum distributions.
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27 November 2024 | 11 replies
Pretty solid points here, I would also like to add refinancing with a non-traditional DSCR based loan can assist with getting access to cash quickly as there are many lenders that have a lower seasoning requirement.
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23 November 2024 | 20 replies
Under $150, easy to install and use, tenant can set their own code but landlord can retain the master and always have access, tenant can't lock themselves out, standard key for emergency backup, batteries last a couple years, etc.
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26 November 2024 | 6 replies
Are these programs upwards of $25,000 worry it to FastTrack you on learning the business, get coaching and into a deal while providing access to a network worth it?
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1 December 2024 | 31 replies
This could allow you to build equity steadily, reduce the immediate demands on your time, and potentially refinance in a few years to access funds for future investments.Alternative Approach: Small Multi-Family Property: If you're open to it, a small multi-family property (like a duplex or triplex) can combine elements of both strategies.
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27 November 2024 | 0 replies
They can provide quick access to funds for renovations.2.
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1 December 2024 | 134 replies
we used to pick up a couple a year at the tax lien auctions, but most were accessible if you had a skinny guy on staff that could get in.