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16 January 2025 | 4 replies
Appraisals, Lenders and Rates : Beyond the transactions that were literally in process (sales, listings, leases, seller carries) are properties that remain amongst vacant lots.
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19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
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27 December 2024 | 34 replies
Hey all, I am new to long-distance real estate investing and probably did everything wrong on my first investment property. I bought a 3 Bedroom SFH in Cahokia Heights, IL on April 2024 and it is STILL NOT RENTED TODA...
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9 January 2025 | 59 replies
Overall it was a good experience, and I will definitely do what I can to nurture the channel.
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22 January 2025 | 39 replies
Case in point, years ago we used Olympic paints from Lowes, which were carried for a long time.
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7 January 2025 | 2 replies
When you add purchase price, carrying costs for at least 6 months, materials, labor, real estate agents costs and taxes, do you have at least a projected 10% profit?
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4 January 2025 | 7 replies
Do DSCR loans qualify if purchasing through 1031 w/debt-carry-forward requirements?
3 January 2025 | 2 replies
Can you carry the property for the construction period?
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9 January 2025 | 9 replies
Why not joint venture with someone who has money, fix & flip itWhy not rent it out for at least the monthly carrying costs.Why not sell it on a lease option, get 10% cash up front to fund school?
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13 January 2025 | 17 replies
@Jaycee Greene I planned to approach the seller to explore the possibility of carrying a seller's note.