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17 December 2024 | 3 replies
If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.
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13 December 2024 | 3 replies
Bandit signs, cold calls/texting along with direct mail is the method most people use.
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19 December 2024 | 24 replies
The bids I won, are down payments on property that has "small" balances under $20K but I do not see how this is legit.
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18 December 2024 | 23 replies
We paid ours off when our balance was $125k, but on a 15 so payments were fairly high at $1732 PI.
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14 December 2024 | 6 replies
An LLC also makes refinancing in the BRRRR method smoother, as many lenders prefer loans through an entity for multi-property investors.Starting with the right structure positions you for long-term success.
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27 December 2024 | 66 replies
House hacking is an excellent strategy, and just got a lot easier as conventional loans now allow 2-4 units with only a 5% down payment.
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18 December 2024 | 12 replies
Are you aiming to lower your monthly payment, shorten the loan term, or switch from an adjustable rate to a fixed rate?
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18 December 2024 | 7 replies
You then draw your HELOC balance as the down payment for the flip.
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13 December 2024 | 5 replies
I am the only real estate investor with my bookkeeper and at first she thought this was a little overboard but once she started setting rules in Quickbooks to simplify her work she quickly realized how simple this method makes things.
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12 December 2024 | 2 replies
Does anyone use another method of goal setting or periodic review method?