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7 August 2024 | 5 replies
Hey David,In my opinion I think that you should try Propstream.I say that because you receive a bigger bang for your buck.When you work with Propstream you receive access to a wide range of tools and resources.
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7 August 2024 | 22 replies
@Guy KerenI’ve got 18 SFR in the DFW area and target the 150-200k range homes that don’t need much work.
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7 August 2024 | 32 replies
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.
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6 August 2024 | 6 replies
The easiest way is to bring on a partner who has a lof of capital they are looking to deploy, but I always encourage having sufficient reserves.
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5 August 2024 | 9 replies
If some celebrity died on your property and a bulldog lawyer was sufficiently motivated, your LLC can likely be pierced.
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7 August 2024 | 10 replies
Personally, I'm also seeing a wide range of quotes now from different carriers.
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13 August 2024 | 97 replies
They frequently use unreasonable scope of work to get a projected range for max return otherwise it's usually not a deal.
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8 August 2024 | 17 replies
I will say that doesn't always mean a pool table or skeet shooting range or mini golf.
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9 August 2024 | 39 replies
Your choices are limited since there is only a handful list of lenders who offer such loans, but it is sufficient.
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19 August 2024 | 244 replies
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