Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
My assumption is that it still will be better to purchase in my name (better loan terms, ability to put 20% or less down, and I'm already pre-approved) and move to an LLC, but this seems like a steep cost of doing business.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
@Venecia BaezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Mike Hansen
IRRRLs and assuming VA loans
16 December 2024 | 2 replies
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
@Dave AllenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Matthew Ferguson
Investing in St. Petersburg Florida
20 December 2024 | 9 replies
My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
I believe making statements about me based on assumptions does not contribute to a constructive dialogue.
Joel Oh
One platform strategy
2 January 2025 | 30 replies
Quote from @Michael Baum: Hey @Joel Oh, so I got what you were saying in your first post, I just don't agree.You are making a ton of assumptions based on anecdotal evidence.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Your assumption about promoting a product is incorrect also.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?