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4 December 2024 | 32 replies
I need credibility, either through working for a couple of years for a company or buying my own property, starting small, and scaling with time.Now, my plan is to graduate next year (Im a junior), and get a job in a firm as an analyst in order to build that experience and mainly cover my living expenses, while on the side buy my first small property and go from there.However, and this is where I start overthinking, I still have 1 year left in school and I want to use it to my advantage as I don't have any expenses or responsibilities other than school yet, and I want to do my first deal.
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5 December 2024 | 2 replies
Read: The millionaire real estate agent; Hyper Local Hyper Fast AgentWhat are some effective ways to network with individuals at all levels?
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4 December 2024 | 10 replies
The insurance would not be valid for two reasons:1) the insured “individual” is no longer the owner2) the insurance was for an owner occupant, not a rentalMost people DO change the insurance to reflect the llc as owner and as a rental.
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4 December 2024 | 3 replies
Some of the areas that we invest in have some clauses in their zoning forbidding more than 3 individuals unrelated by blood or marriage from occupying the same unit.
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9 December 2024 | 16 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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5 December 2024 | 7 replies
Are you looking to bundle these or do them individually?
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9 December 2024 | 11 replies
I had a response on a previous post this year about what the private lending restrictions will be here --> https://www.biggerpockets.com/forums/22/topics/1174919-bough...Here's a re-post of that information though:------------------------------------I do have a DSCR lender who can assist with a limited recourse loan that will close in the name of a self-directed IRA.
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7 December 2024 | 7 replies
And one more question I've worked with 3 REA thus far but so far none of them communicate timely (it usually take 2-3 days to get a response even when I'm letting them know I want to offer on a property) is this common?
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7 December 2024 | 7 replies
Quote from @Kathy Kifer: @Michael Plaks - I just came across your response to this question.
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9 December 2024 | 16 replies
I would like to get a list of individuals to meet with while there.