
16 July 2024 | 18 replies
I’ve always been a money-knowledgeable young man; credit (760 score), stocks, roth ira, 401k, etc.

16 July 2024 | 6 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

15 July 2024 | 4 replies
@Ali BurkeAccounting, such an incredible skill!

17 July 2024 | 5 replies
A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.

16 July 2024 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

16 July 2024 | 21 replies
When we needed money it wasn't available due to low FICO scores from remodeling, DTI and so forth, so when we think of a possible financial pinch coming in advance, and can draw from a HELOC, that helps out a lot.

16 July 2024 | 7 replies
They also tell you if the borrower has done additional projects with FTF and there credit score.

15 July 2024 | 10 replies
And do you have a credit score over 680?

14 July 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

15 July 2024 | 15 replies
You have to pick up your income or get incredibly lucky on deals, I hope the both for you.With that said, to echo some comments on here go get your 1st one done then assess.