Jaime Ponce
House Hacking In Salt Lake County/Utah County/ Logan, Utah
16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great.
Shiv Jey
Buying distressed LA properties after the fires
15 January 2025 | 1 reply
Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.
Daniel Segovia
Adapting to the Current Real Estate Market – Challenges and Opportunities
9 January 2025 | 2 replies
I am seeing a lot of movement on VA assumable loans.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
This is the fork where I'm not sure if I'd be good to get some CRE exp and invest in learning about how to review deals for the next 2-3 years, or focus on generating revenue for investment purposes and watch how things are done as a LP.My personality more aligns with networking, reaching out to people, connecting, navigating difficult situations and finding solutions that work.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
To answer your question directly: a person should apply (whatever that means in your process) before being asked to screen.
Pearse Cafiero
New To Investing
31 December 2024 | 11 replies
If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.
Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?
Miguel Garcia
Out of state investing
14 January 2025 | 5 replies
Wouldn't hurt to look in to both to give yourself the best chance at finding the best loan product.