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22 November 2024 | 20 replies
Now, if you are familiar with this type of investing it can be very lucrative and literally lead to vast wealth.
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22 November 2024 | 7 replies
Long-Term Potential: Consider the type of project carefully.
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20 November 2024 | 1 reply
The key is to accurately reflect the type of income/expenses and the timing of everything.
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20 November 2024 | 3 replies
I look forward to meeting as many of you as possible, and feel free to @mention me (Just type in "@" and then "Scott Trench" and you'll be able to tag me so that I get alerted).
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23 November 2024 | 15 replies
There are plenty of people that for $100 will use their medical license and type up a letter that their patient needs an ESA.Also, if the ESA exhibits any aggressive behavior it can be removed from the property IMMEDIATELY.
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25 November 2024 | 23 replies
In my head i picture a some empty room with a printer on the floor and stacks of paper everywhere, having to drive to the post office and handing them a list where they hand type every address one by one.
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20 November 2024 | 6 replies
It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).
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13 November 2024 | 13 replies
I have my eye on a 4 plex I'd like to buy, renovate, rent, and hold. What kind of loans are best for this? 4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I...
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23 November 2024 | 5 replies
Some type of house hacking/str scenario—- idk if Orange county or SD is even realistic to consider house hacking w what above equity can pull, given such high price of homes.
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20 November 2024 | 1 reply
What made you interested in investing in this type of deal?