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16 December 2024 | 17 replies
When he sold it was basically a wash, less the cash-flow collected.
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6 December 2024 | 34 replies
@John Mucilli I am NOT a fan of deal machine.
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6 December 2024 | 4 replies
Quote from @Diego Renteria: Dang you were in the recycled fart machine, thanks for your service. what are OOS options?
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11 December 2024 | 6 replies
List of all items remodeled and how much they cost and the comps in the area (some appraisers come from out of the area and you know best what the comps are and numbers are).Other option: if the numbers turn to be tight and you cannot refi, I would think about selling it lower and taking less on the deal to get your hands washed from the project.
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6 December 2024 | 2 replies
That's a wash and not worthy of attention.
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14 December 2024 | 42 replies
.: Cannot go back…but here are some things I wished I had known about sooner.I wished I had realized I could have gotten bank lending even without a regular W2 job.Understood DSCR better sooner.I wish there was a couple of houses I had not bought.There are some houses I wish I had not sold.Just all basic stuff that a person can’t go back in time machine and change.As time goes on, I probably would update this list several years out.
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22 December 2024 | 105 replies
They do public debt funds, apartment complexes (in Southern California and the Southeast), car washes and self storage.
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27 November 2024 | 10 replies
If you have room and your place isn't small get seperate machines.
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5 December 2024 | 31 replies
Hearing from many testimonials by talking to real Padsplit owners in person, it seems to be a true cashflow machine coming from a single family residence.
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11 January 2025 | 420 replies
I never use fixed rate mortgages, but even if one does, taking out an amount on a HELoC at prime (2.7%) to prime + 0.5 (3.2%) {the rate spread on most HeLoCs here) to pre-pay a fixed-rate mortgage at 2.6% (5-year term) would be at best a wash (unless rates were moving).What makes it work in the U.S.A.?