17 August 2024 | 11 replies
Unfortunately as a part-time agent, you also likely won’t get that support you need from a traditional brokerage if you’re not in the office on a regular basis.

16 August 2024 | 14 replies
Tried to go the traditional HELOC route and after almost 2 months of providing paperwork the lending scenario changed (due to rising rates) and they backed out.

17 August 2024 | 6 replies
The riches are in the niches.

18 August 2024 | 28 replies
The disadvantage is that the indoor units are a bit large but if you place them nicely they'll blend in to any room.Another advantage is the upfront costs are much less than a traditional AC system.

17 August 2024 | 7 replies
Start by consistently analyzing deals and read a few books like "rich dad poor dad" and "richest man in babylon"

17 August 2024 | 8 replies
Insurance payout rates are, by law, very rich, and pay significantly more than you would probably pay under normal circumstances.Before you hire the roofer, I'd ask if they think they can cover your deductible.

17 August 2024 | 30 replies
@Adah N. starting at around 10% on investment properties but they fund you the full amount immediately, so it’s not exactly like a traditional HELOC where you use it when you need it.

16 August 2024 | 4 replies
Funding can definitely be a challenge for first-time flippers, especially when traditional lenders are hesitant to take a chance.

16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.

16 August 2024 | 2 replies
A prudent investor doesn't seek quick riches through shortcuts.