Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
And via the clustering we are utilizing green-space in a communal manner thus reducing foot-print of that BUT retaining such perception as each unit has walkout to what seems a BIG green space.
Brandon Morgan
is an LLC necessary?
16 January 2025 | 29 replies
No - but I'd say about 90% of my borrowers/investors utilize an LLC for what it's worth.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
2 January 2025 | 2 replies
ALTA survey, utility survey, etc.$100k per building, I'd say not usually.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Utilize tools like BiggerPockets for resources and calculators, and consider creating a simple spreadsheet to track property details, budgets, and timelines.
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
The 15% return is in paper and not sustainable.
Christopher Morris
Is Relying on Cash Flow Feasible?
13 January 2025 | 57 replies
Diversifying income streams and focusing on appreciation alongside cash flow creates a more balanced and sustainable strategy.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.
Jaedon Stout
Looking for Real Estate Investment Strategies Using Funding
13 January 2025 | 5 replies
Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.
Francisco Ruiz
Snowshoe, WV - Condo or Home
16 December 2024 | 11 replies
You make revenue here and there but the goal is to generate enough in the winter to sustain all the expenses for the entire year.