Louis Hamilton
HELOC Best Option - Rental Property
15 January 2025 | 6 replies
We need the cash to mostly just tie us over untill we sell the property, so 150,000 is on the upper end; 80,000 and above would probably be sufficient.
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Mainly the "self sufficiency test".
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
Best" is very subjective and the quantity of off market leads isn't necessarily the metric you should be focused on.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.
Adam M.
Has Anyone Imported Materials from China for a Rental Property Renovation?
22 January 2025 | 8 replies
The learning curve is probably great on importing large quantities or even just large things from a foreign company.
Giovanni Vazquez
Financing ADUs without equity
21 January 2025 | 3 replies
Another possibility could be a home equity line of credit (HELOC), if you have sufficient equity in another propertyGood luck with your project!
Nicholas A.
How many realtors to reach out to
27 January 2025 | 13 replies
I dont think its a quantity metric, but much more a quality metric.
Tre DeBraga
FHA 203K Loan
28 January 2025 | 5 replies
One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.
Lorraine Hadden
First Time Homebuyer (FHA) vs. Conventional Purchase Option
13 January 2025 | 2 replies
If you had good credit (670-730 range), you have 20% to make a down payment, and sufficient income to qualify for the home you want to purchase - Would you choose the FIRST-TIME HOME BUYER or CONVENTIONAL purchase option...which would you pick and WHY?
Martin Jones
Raising Capital When First Starting Out
16 January 2025 | 4 replies
The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.