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2 January 2025 | 8 replies
Former Marine that started investing while he was still on active duty.
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15 January 2025 | 8 replies
It might because they don't want any random person just setup a property management software to make it look legit and using it to scam people (tenants)
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19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
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5 January 2025 | 17 replies
The contractor will give you better pricing the more you use them, some GCs increase their price, but those are the ones you would like to not use (side note, of course with inflation you need to pay your people right, but it needs to be reasonable).
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9 January 2025 | 5 replies
You might be some answers here but local people will be better.
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12 January 2025 | 12 replies
I know some people do this but proceed with caution.
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9 January 2025 | 35 replies
I'm always impressed with people's creative ideas!!!
13 January 2025 | 21 replies
I've found deals in local online groups on Facebook, simply asking people for what I want.
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13 January 2025 | 7 replies
Do most people get the property under contract in a single-member LLC and then assign the contract to the syndication LLC during the DD period?
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18 January 2025 | 36 replies
. , I didn't want it to loose that tenant so simply i helped him to get " energy assistance" this is a program to help people out if they can't afford heating bills , I don't know if it is in your state so you my want to check this out.