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25 January 2025 | 5 replies
Thanks, Victor.I have met the people in person, and it's a fairly large, established lender operating in multiple states.
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10 February 2025 | 22 replies
Also, not sure what relationship you have established with your property manager but typically people hire managers to take care of this part and be tenant-facing.
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24 January 2025 | 13 replies
What I recommend people do is tell the lender ok great I am going to want to use my own title company to close this so funds would go to them.
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17 January 2025 | 3 replies
OTM = General, overhead/widescreen view of nationwide market tends.BPRE = Detailed ways specific people are making money in real estate.
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20 January 2025 | 32 replies
Usually, this is a sign of stability and a preview of the types of people who live in the area.
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22 January 2025 | 14 replies
Curious to see what feedback people who have used them have though.
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1 January 2025 | 7 replies
Buyers could look at a DSCR loan which does take into account the revenue from the rent but it doesn't count towards the value of the property.Now, buyers could look at a business loan of some kind but I am not sure they would qualify if it is only one property and even then, the value is mostly in the property and not the possible revenue.
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20 January 2025 | 1 reply
Also, you could also hang out at some local ice rinks where people take their kids to hockey practice!
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27 January 2025 | 12 replies
I'm based in WI and there are several people from NY investing here, some successful and some not---the common thread I see from the ones that are not is that they relied on someone else for information instead of investigating, VERIFYING and doing their own due diligence.
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8 January 2025 | 10 replies
I believe if you change jobs or leave that job, you have to pay that loan back or else it counts as a distribution.