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17 January 2025 | 9 replies
Time overcomes low cash flow to some degree... rents go up while your mortgage stays the same and your tenant pays down your mortgage.
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9 January 2025 | 18 replies
It’s just more than I can afford, and I don’t want to offend you with a low offer.”
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10 January 2025 | 12 replies
Otherwise, if the numbers make sense and your credit is good, it should be easy to find a lender.
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14 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
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9 January 2025 | 21 replies
I already had my own business, some cash, lines of credit and a solid contractor as a partner which is how I have grown my portfolio so aggressively over the past few years.Unfortunately, $8k is not going to get you very far despite the promises of no money down investing.
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7 January 2025 | 8 replies
You do need to have steady employment, decent credit, and not be drowning in debt.
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7 January 2025 | 1 reply
I'm broke as a joke but I have good credit how do I get started
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7 January 2025 | 9 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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7 January 2025 | 22 replies
High demand and still relatively low entry costs.