Abigail Lincoln
First Home Investment
12 January 2025 | 0 replies
Looking for a house we could house hack, had an incredibly low interest rate on mortgage and house has increased in value about 42%, an estimated 180k in equity.
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
S.V. Bennett
Professional Artist & Lost Entrepreneur
19 December 2024 | 2 replies
That strength i carry that lets me stand alone is beneficial but also as I left that crowd i was never able for unknown reasons to reconnect to a better class of people or even network.
Larry Bailey
New kid on the block
17 January 2025 | 4 replies
Many would suggest against RE investing using retirement money but if you go into low risk opportunities it can be a powerful diversification method.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Memphis has a relatively low cost of living, and that’s reflected in the property prices.
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
Most of the time, the home warranty takes a long time to approve your repair, reach the property, and then they use low-quality materials.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
I don’t want the property to appraise low and not have enough money to get when I cash out.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
It’s just more than I can afford, and I don’t want to offend you with a low offer.”
Kyler Tarr
Knob and tube wiring
23 January 2025 | 7 replies
In the one house that I still have some existing, it's only on an overhead light circuit with no insulation around it, and I minimize the load on the circuit by using only low voltage LED lights.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Quote from @Devin James: When running numbers on an investment property, I focus more on equity growth than monthly cash flow.Here’s why:If I can acquire a property at a low basis and add significant value, I can: 1) Sell and reinvest elsewhere 2) Cash-out refinance to recapture my investment.