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23 January 2025 | 7 replies
Quote from @Sabian Ripplinger: i want to possibly use hard money this year to grow quicker and can you use them for new builds who should i use and any tips?
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23 January 2025 | 8 replies
Understood I made a bad move here as this was first investment so didnt think much except at the location for longterm growth or possibly I move there as part relocation.
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1 February 2025 | 5 replies
Interest rates decreasing a little more will be necessary to make this possible, too (DSCR loan).Also I will have another deal refinanced by then and gain about $70,000 of capital from refinancing that.
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29 January 2025 | 5 replies
*Soon after, I will be moving to the South, where I will purchase a relatively moderate-priced home (less than $350,000), likely a single-family, possibly a duplex.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down).
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24 January 2025 | 1 reply
To connect with investors you will have to move beyond just digital - you will have to connect as much as possible on the phone and face-to-face.
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7 February 2025 | 49 replies
Most of what you are looking to do is possible.
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31 January 2025 | 1 reply
Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.
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26 January 2025 | 2 replies
I would prefer to sell the property vacant or the easiest less stressful way as possible, however I was advised that could deter investors buyers interest as the rental income is a one of my strong selling points.I am open and would appreciate any thoughts and/or suggestions from fellow agents or investors alike.Thanks
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3 February 2025 | 4 replies
We also would like to self-manage if possible.
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6 February 2025 | 7 replies
Your question about hydrostatic pressure is getting into the weeds for sure...I would ask myself, does the potential water infiltration have the possibility to damage the unit and tenant property?