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22 October 2024 | 17 replies
There were a couple of times when I lost the deal because I couldn't get a refi done in time.Pick a reasonable goal and find a way to go after it.
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22 October 2024 | 6 replies
Hey @Glenn Larson You’re right, seller financing really depends on the seller’s flexibility and the specifics of the deal, but I can give you a couple of typical structures to think about:Interest-only payments: In this setup, you pay the seller interest on the loan without paying down the principal right away, giving you time to stabilize the property or improve cash flow before paying it off or refinancing.Balloon payment: You might negotiate a lower monthly payment (possibly interest-only) with a balloon payment due after 5-10 years.
22 October 2024 | 8 replies
If cash flow is the true goal for those starting out right now you have a lot of work to do to get to that couple $hundos per month.
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22 October 2024 | 8 replies
I recommend grabbing a couple of good books, like Rich Dad Poor Dad or The Book on Rental Property Investing.
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22 October 2024 | 4 replies
A couple of questions:1) How and what is the process to file the ATI exemption2) As a non-resident, do you always pay 6% vs 4%?
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21 October 2024 | 10 replies
This is confusing to me - "I started a real estate business with the focus on educating others on the value of homeownership" coupled with "I'm building my credit so I can buy my first property".
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27 October 2024 | 25 replies
We’re pharmacists and we consider ourselves an intelligent and book/research driven couple.
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23 October 2024 | 27 replies
After a couple weeks with no 2nd appraisal we started to call her and we left messages on her voice mail.
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23 October 2024 | 11 replies
I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints.