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9 January 2025 | 2 replies
High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.
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11 January 2025 | 19 replies
There could be some kind of buyout after five years or something like that, but if I was able to get a large chunk of my money out of the deal I would have no reason to sell it as it would simply be another cash flowing, appreciating property at which I could also vacation.
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7 January 2025 | 27 replies
Look, I have no idea who Eric is, what type of person he is but I will say after a quick search I saw that he did in fact sell his company for MAJOR $$$ and that he is active in Section 8, no idea if his course is good or garbage but still felt the urge to respond because I am so tired of hearing SCAMMER, find it online to EVERY SINGLE post asking about any course. anyone who actually sells their business and nets 110 mil is NOT going to dive into Section 8 or any real estate for that matter other than fine personal residences etc.. they retire and spend it.. so I dont think so.Plus section 8 is simply not complicated its run by the Sec 8 folks in each city.. nothing magical about that.. its a tough way to go being a section 8 landlord lots of drama.
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7 January 2025 | 8 replies
@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out.
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15 January 2025 | 15 replies
You should not get a PM until you have scaled to a level that requires it.
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30 December 2024 | 15 replies
Without rent control i either raise their rent far above market rents so they give me notice (my preferred method) or i simply do not renew their lease.
9 January 2025 | 0 replies
These loans require taxpayers to be current on all previous tax filings, highlighting the importance of expedited processes for obtaining necessary documentation, such as tax transcripts or copies of prior returns.
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9 January 2025 | 20 replies
KNOWING real estate (or delivering babies) is a requirement for an expert.
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12 January 2025 | 8 replies
REI is full of surprises and they all require money.
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23 January 2025 | 15 replies
As for the "seasoning", some lenders will require the property to be "stabilized" (perhaps 80%-90%+ occupied, depending on the lender) for 3 months, 6 months, etc. before they'll do a cash out refi.