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10 January 2025 | 23 replies
For the BRRRR process I plan on using a hard money lender for the rehab process for the SFH's but what I'm not sure of is, should I purchase a duplex and rent one unit out and live in the other or should I just rent for now, not purchase a duplex and just purchase a SFH with cash and start BRRRR'n immediately?
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8 January 2025 | 8 replies
In other words, two financing agreements "wrapped" together.But the goal here would be for the 2nd buyer to close all-cash (to skip the financing process), would that still work?
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15 January 2025 | 29 replies
That refi allows me to recapitalize and repeat the process.
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6 January 2025 | 4 replies
@Michael Smythe Great processes Michael!
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16 January 2025 | 17 replies
Obtaining the FHA loan is great and you could repeat the process after about a year with the right lender.
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12 January 2025 | 23 replies
From day one I treated my involvement in real estate as a real business.This means, I had an advertising budget, a lead generating and follow up process, a back end process and money source and above all an experienced mentor.
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9 January 2025 | 15 replies
Mark, I am in the process of completing a HELOC with Wells Fargo.
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8 January 2025 | 14 replies
The broker/LO misses something that gets caught late in the process and blows the loan up.
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30 December 2024 | 6 replies
However, I’m unsure of the actual process of paying myself as a business owner.Here are some questions I’m hoping to get clarity on:How do you legally and practically pay yourself from your Airbnb income?
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15 January 2025 | 10 replies
There are plenty of deals in Philly on and off-market from wholesalers, who are pretty decent in Philly compared to other places.You will need to get your GC license here and learn the permitting process and necessity here as well.