Grant Schroeder
Gratitude for Growth in 2024!
6 January 2025 | 0 replies
Happy New Year from our Team to You! We made some big changes coming to Movement Mortgage early this year and we are incredibly grateful to be thriving and loving it here at Movement. We set a record for our Team, ser...
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.
Timothy Parish
Solo 401k IRA
2 January 2025 | 2 replies
Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).
Austin Bull
AI and REI
29 December 2024 | 8 replies
You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.
Chris Kay
Roadmap to Growth Starting with VA Loans
20 December 2024 | 4 replies
I then plan to do this again or maybe 2 more times depending on the ability to stay under the VA entitlement cap.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
I'd like to add another SFH to the business in the near future with the main goal being grow the business as fast as possible.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
The ability to run comps is coming soon!
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
6 January 2025 | 17 replies
That said, the construction is slowing, and I believe Huntsville’s population growth will make this a good investment over 10+ years.
Spencer Thomas
[Calc Review] Help me analyze this deal
13 January 2025 | 3 replies
I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.