
5 November 2024 | 8 replies
If you want a Ring, get a Ring.There are a TON of options for cameras out there to cover the door.Ya pays yer money and ya takes yer chances.

5 November 2024 | 39 replies
You might be covered if its the second one.

8 November 2024 | 22 replies
For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

9 November 2024 | 27 replies
I felt that it was very well done, covered a significant amount of material, had a friendly and motivational feel, and was a good experience and a worthwhile value for $1500.

5 November 2024 | 2 replies
I have some funds of my own, but not enough to cover the steep down payment.

7 November 2024 | 8 replies
Lenders don't like borrowers without reserves.Is it risky if the property cashflows well at 100% financing, in an appreciating area, and you have plenty of cash in the bank to cover any problems?

6 November 2024 | 6 replies
If you can do the deal yourself safely, with reserves to cover unexpected issues, it is a lot cleaner.

6 November 2024 | 12 replies
Something else I found with BRRRRs in my market right now is that even if my equity may be enough to cash-out everything I put into the deal, the rent I could get would not cover that high of a mortgage.

6 November 2024 | 7 replies
The underwriter of your loan may want to see your current property be leased and make sure that it covers your PITI, but that will depend on the guidelines of your lender.
10 November 2024 | 19 replies
Interestingly, you can list the property in U.S. dollars and receive payments in U.S. funds, which means I don't really use COP except to cover utility costs like internet, water, and electricity.