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3 January 2025 | 40 replies
Like I can do a BRRR on 600k property with no cash-flow or a 150k property with $300 monthly cash-flow, but do not have the same investment vehicle, and it is the same cash that is doing both, as for the 600k purchase I'd be using the same 100k towards hard money loan.
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19 December 2024 | 6 replies
But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc.
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10 January 2025 | 22 replies
Most hard money loans will not cover rehab costs.
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26 December 2024 | 2 replies
What type of loan products would be available for an LLC buying a house?
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6 January 2025 | 14 replies
One of the big benefits of buying the whole thing on a fixed rate loan is that one of your major expenses is fixed for a long period of time, including the cost of the land.
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31 December 2024 | 4 replies
Nathan I think this is true if your just talking about rental props for landlording.. the last 2 to 3 years have been the best years of my career.. building new builds and Loaning our funds.
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30 December 2024 | 3 replies
Buy a 2-4 unit property with an FHA loan (3.5% down), live in one unit, and rent out the others.
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8 January 2025 | 34 replies
Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.
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29 December 2024 | 5 replies
I would recommend shadowing a few loan brokers for the first 3 months being newly licensed.