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3 October 2024 | 15 replies
In an ideal world, I think I'd definitely "graduate" to commercial, I get a feeling there's a real upside there (but I assume you need quite a hefty starting capital).
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3 October 2024 | 6 replies
You could also apply for a HELOC on your home to use the equity for whatever but obviously you have to make monthly payments so ideally you'd want to make sure the cash flow from a RE investment is higher than your loan payment.Another piece of unsolicited advice....
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1 October 2024 | 9 replies
I have someone who I want to pitch to be a private investor and fund a flip from start to finish.Wondering if anyone has experience doing this and would like to offer some advice.Also looking for any recommendations as far as how to ideally structure the funding for the deal.Thank you
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1 October 2024 | 13 replies
It offers low/no down payment and lower rates, ideal for hands-on management.DSCR Loan (Long-Distance): Start now by using a DSCR loan, qualifying based on the property's income.
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1 October 2024 | 2 replies
Hey Dee, BiggerPockets support is super friendly and quick on their feet. https://www.biggerpockets.com/contact-us#customer-supportScroll down to the bottom of the page there's a contact form you can fill out and they typically respond in a few hours.
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2 October 2024 | 4 replies
Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read Vaulted Sunlights) that make this property truly one of a kind.
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4 October 2024 | 9 replies
@William Silva your ideal start might be to pinpoint a few markets with lower barrier to entry as others have mentioned, then, find someone local to that market that you pair well with and do a smaller deal.
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2 October 2024 | 3 replies
If you can pull it off with the FHA route, that'd be ideal.
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1 October 2024 | 6 replies
The most common we are working with and the ideal situation is something between $125k and $140k at 60LTV.
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2 October 2024 | 4 replies
Ideally, they should offer you a dashboard or portal where you can easily track performance and minimize the need for back-and-forth communication.In your case, where revenue has dropped despite heavy investment, the marketing and revenue management piece feels particularly critical.