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4 September 2024 | 14 replies
How much time do you want to invest is the main question.
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3 September 2024 | 10 replies
Here are some of my main criteria if I were to vet out a contractor I'm getting to know:1.
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3 September 2024 | 10 replies
It is just a safety net, mainly.
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9 September 2024 | 46 replies
Great Post - I agree, there are pros and cons but my main feedback that BP still has not acted on is the categorization at the front end for what they are looking for.
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1 September 2024 | 7 replies
It's great that you already have a home and potential ADU too since being self-employed in the arts can also have extra hurdles just getting approved for a loan.
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2 September 2024 | 17 replies
I set my restrictions for something like inside of my PMS mainly, but I do know PL has the capability as well, even though I don't personally have that exact setting.
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2 September 2024 | 12 replies
On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.
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1 September 2024 | 10 replies
I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?
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1 September 2024 | 1 reply
He may have taken a plea or plead guilty to a lesser charge or even been found guilty with no jail time, but with the stipulation he be registered as a sex offender.Your main concern should be what he was charged with.
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30 August 2024 | 6 replies
.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.