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23 March 2024 | 9 replies
The fact that with a Texas series LLC you can file ONE tax return for every sub LLC in the series combined, and operate out of ONE bank account, eliminates almost all of the “hassle” of utilizing a series LLC vs one regular LLC into which you place many properties.
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23 March 2024 | 31 replies
@A H.you may get people chiming in with advice on Kansas City or other out of state markets that they want to recommend to you, but I am going to be blunt.it is very, very difficult to cash flow right now unless you are using some kind of creative strategy (or combination of strategies).you might be able to use your HELOC to buy 1-2 properties... but if you use a HELOC for the DP + a mortgage, that will likely be so expensive that you won't cash flow at all and will be negative every year.
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22 March 2024 | 15 replies
Nope $1.2mm both combined...650k on left, 550k on right Got it.
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24 March 2024 | 27 replies
It seems to be a combination of wholesale becoming more popular (and competitive so upwards pricing pressure) and with more investors in the market, wholesalers are stretching deals to maximize profit.
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22 March 2024 | 13 replies
Think of it as a portfolio mortgage and a first mortgage combined in one step to give enough security to have a low/no down payment for the new property.
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22 March 2024 | 5 replies
The combined rents will be between $7,500 - $8000/month.
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21 March 2024 | 7 replies
This would combine LTV, combine your cash-flow, and give you one mortgage payment for all properties within that portfolio. the benefit here is you'll likely see better rates, and you'll be able to leverage one properties good equity combined with another properties strong cash-flow.... but the down-side is if you want to take one out of that portfolio to sell or refi, "partial release" can be a challenge. also, most of these are not 30 year fixed, they're likely 5 year terms/ 7 year terms/ 10 year terms on a 30 year amortization... still stretches payments out, but you have to do something ab it again once the term expires.
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20 March 2024 | 1 reply
It has been recently upfitted & modernized to become a unique getaway (AirBnB) filled both with character & luxurious amenities for guests to stay both in style & comfort.
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20 March 2024 | 6 replies
Very modern and super close to hiking trails.We actually just signed our offer so currently in Escrow on.
25 March 2024 | 214 replies
AI that can scan for flaw in home inspection and give accurate repair fee combined with AI apps that could give good comps , would be new winner.these are more door for tech innovation.