2 December 2024 | 6 replies
Not sure what the process would be.This is kind of what I'm looking at (with a 7% interest rate):Its not really negative cash flow, its saying $143/month.
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5 December 2024 | 8 replies
•Just because you can refi and pull out your initial cash doesn’t mean it’s the kind of property you want to hold for the next 20+ years.
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30 November 2024 | 2 replies
Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).
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1 December 2024 | 91 replies
NOBODY I know sells any kind of syndicator mentorship or "boot-camp".
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28 November 2024 | 10 replies
It's not common that loans in good standing are called due, but it does happen, regardless of what people tell you.
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30 November 2024 | 3 replies
It seems like gripes with PM companies have been a common theme lately.
30 November 2024 | 4 replies
Of course you could do both, depending what kind of capital you have.
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1 December 2024 | 7 replies
The kindness and humor of the responses is comforting in a field where there is very little down time (currently as I get it established) and you all "get it".
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2 December 2024 | 9 replies
I’m still in the learning process of what avenue of investing I want to venture down, and about a year ago I signed up for a course to become a realtor but then backed out as it wasn’t the right time to devote that kind of studying.
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4 December 2024 | 25 replies
That's kind of the feeling I got when I saw it.