Yents Ybrimovic
203K loan new investor question
17 December 2024 | 16 replies
@Yents Ybrimovichi - way too complicated when you're just starting outjust save up enough to do your own house hackgood luck
Rene Hosman
How do you approach saving for your next real estate investment?
5 December 2024 | 5 replies
Increase earnings, reduce expenses, save, and invest.
Max Nathan
How do I secure lending on down payment / construction costs
17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
Chris Kay
Roadmap to Growth Starting with VA Loans
20 December 2024 | 4 replies
@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.
Guenevere F.
Hi Everyone! I’m New here & super excited!
18 December 2024 | 10 replies
Washington is expensive and I’m at around $23k saved to start investing.
Niece Ervin
Ready to start (:
21 December 2024 | 11 replies
By working with motivated sellers, I’m able to secure below-market deals and pass those savings onto buyers.
Drew Hantla
Residential Rehab and/or Flipping in Greater Wichita, Kansas
18 December 2024 | 2 replies
To do so, I need an initial team who can cover the following aspects of these projects:- Wholesaler- Contractor (Inspection oriented)- Equity Partners (Project Incentives)Once the deals are in place, the financing support will be through personal capital for upfront costs, with the intention to raise private capital and include hard-money lenders as-needed.
Ryan Williams
Pay off Primary or Buy Rentals?
18 December 2024 | 23 replies
We wanted a better DTI.Then we slapped a large heloc on it as an opportunity fund right before my wife quit her job for good.I would save the cash.
Chandra Faulk
How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
This saves me a lot of communication time as I only need to respond to inquiries with cut and paste responses with the open house day/time and I only need to show the rental twice a week. 7.
April Smalls
Should I Refi?
18 December 2024 | 12 replies
If you oversimplify it and take your total cost to close the deal / monthly savings = # of months to Break Even.