
23 March 2024 | 9 replies
The fact that with a Texas series LLC you can file ONE tax return for every sub LLC in the series combined, and operate out of ONE bank account, eliminates almost all of the “hassle” of utilizing a series LLC vs one regular LLC into which you place many properties.

23 March 2024 | 31 replies
@A H.you may get people chiming in with advice on Kansas City or other out of state markets that they want to recommend to you, but I am going to be blunt.it is very, very difficult to cash flow right now unless you are using some kind of creative strategy (or combination of strategies).you might be able to use your HELOC to buy 1-2 properties... but if you use a HELOC for the DP + a mortgage, that will likely be so expensive that you won't cash flow at all and will be negative every year.

24 March 2024 | 27 replies
It seems to be a combination of wholesale becoming more popular (and competitive so upwards pricing pressure) and with more investors in the market, wholesalers are stretching deals to maximize profit.

22 March 2024 | 15 replies
Nope $1.2mm both combined...650k on left, 550k on right Got it.

22 March 2024 | 13 replies
Think of it as a portfolio mortgage and a first mortgage combined in one step to give enough security to have a low/no down payment for the new property.

22 March 2024 | 5 replies
The combined rents will be between $7,500 - $8000/month.

21 March 2024 | 7 replies
This would combine LTV, combine your cash-flow, and give you one mortgage payment for all properties within that portfolio. the benefit here is you'll likely see better rates, and you'll be able to leverage one properties good equity combined with another properties strong cash-flow.... but the down-side is if you want to take one out of that portfolio to sell or refi, "partial release" can be a challenge. also, most of these are not 30 year fixed, they're likely 5 year terms/ 7 year terms/ 10 year terms on a 30 year amortization... still stretches payments out, but you have to do something ab it again once the term expires.

22 March 2024 | 19 replies
Combine the two by doing a BRRR on a house-hack!

21 March 2024 | 10 replies
As others have pointed out, mixed-use is a bit touchy right now for many lenders, so if any one element, no matter how small it may seem, doesn't line up, they will pass.
21 March 2024 | 0 replies
With the combined amount, you have enough for a particular property.