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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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2 January 2025 | 3 replies
I just closed a DSCR loan on a Duplex with Total Quality Lending.
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9 January 2025 | 21 replies
Consider multi-family properties, cash flow properties, FHA loans, and online tools.
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30 December 2024 | 8 replies
We have many inquiries for a tour.
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31 December 2024 | 1 reply
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2 January 2025 | 21 replies
@Zach Howard there are a few loan types here in the states for foreign nationals, some that require personal income verification and others that do not.
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2 January 2025 | 1 reply
I am using a dscr loan. what I cant understand, is why are my closing costs so high. above is the numbers on the refi.
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3 January 2025 | 2 replies
Currently under contract for $552,000 with a conventional loan.
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9 January 2025 | 5 replies
But if I put the money into buying a house, with the leverage of a mortgage loan, I can still earn about 11% annually on my investment on the appreciation, even though there is no cash received for the rent.
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2 January 2025 | 4 replies
I would search for a property that has a low interest rate Fha or VA loan.