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28 August 2024 | 3 replies
However, they do have 11years of investment experience under their belt (100's of multi-family rentals, flips, etc) Would this individual have any options for financing more multi-family?
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30 August 2024 | 6 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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28 August 2024 | 22 replies
Hi Tomoko,I wouldn't focus so much on the license that an individual has but instead their knowledge and expertise in your specific field of work, especially for real estate.
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26 August 2024 | 0 replies
Will cash flow roughly ~$400 per month once I move after fulfilling my 1-year tenure at the property.PITI $2028Conservative RentsUnit 1 - $1300-1400Unit 2- $1050-1150 What made you interested in investing in this type of deal?
30 August 2024 | 70 replies
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals.
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27 August 2024 | 18 replies
This is an internal accounting requirement You can cut a check to any member as a drawing or return of capital, to them individually, that's not an issue.
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27 August 2024 | 5 replies
Currently, I am in the process of negotiating another commercial building and an additional industrial warehouse adjacent to my initial investment.Looking forward to connecting with like-minded individuals and exploring potential synergies.
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27 August 2024 | 1 reply
This marks a departure from the previous multiunit financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes.This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership.
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27 August 2024 | 11 replies
Unless you can come to terms with this individual; eviction might be the only route, and that might be a tricky process with someone who "knows their rights" my buddy recently had an issue with this, and it took him over a year to remove the tenant.
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28 August 2024 | 9 replies
DSCR loans seasoning period depends on the individual program (and there are hundreds with slight differences).