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9 January 2025 | 46 replies
Second, we’ve refined our screening process for the clients we bring on.
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8 January 2025 | 4 replies
Contact your lender, and they will start the process.
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14 January 2025 | 10 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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4 January 2025 | 14 replies
What they’re missing is that they first need to ask “Is my business / investment process scalable?
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8 January 2025 | 16 replies
However, this is not a cash out refi.Cash out refi is when you refinance an existing loan, with another one (i.e replace the loan) where there is enough money left over at the end of the process where you can put some proceeds in your pocket.When it comes to your strategy - just make sure you're being conservative with your numbers on the purchase / rehab if you don't plan on using other proceeds to payoff the HELOC.
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9 January 2025 | 0 replies
It has been very challenging and the property sat for 3 months waiting for the claim to be processed.
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4 January 2025 | 5 replies
The weekly rentals were $8,000 (June) & $8,500 (July-August) As the summer season rental is approaching us, we are faced with a tough decision.
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9 January 2025 | 9 replies
I’m currently going through the process of getting a HELOC and feel confident we’d be able to fund a purchase using that but using PML has ultimately been a goal of mine and would like to incorporate it into one of these purchases if possible.
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2 January 2025 | 2 replies
After years and years of being frustrated by how tough it is to find honest, communicative contractors, I decided to start a Handyman/contracting business.This is NOT a solicitation.My question is – What are Property Managers / STR Owners / Investors looking for when they need a handyman and how are they finding them?
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9 January 2025 | 9 replies
I am hoping to make connections to learn more about this market, which neighborhoods to focus on, as well as learn some pro tips as I begin my investing journey.To note, I have begun the loan pre-approval process and have a dedicated agent that is eager to find me a great property.