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11 December 2024 | 10 replies
But my DSCR lender and commercial lender used the individual rent for each room since the appraisers market rent wasn’t very high.
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10 December 2024 | 14 replies
Question is, if I have the means to put a high enough down payment on a house to be cash flow positive (assuming my expense estimates are accurate, etc.) is that something that I should do?
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10 December 2024 | 5 replies
It's not profit until you access it in some form of cash.I've seen investors loss properties with equity (a few with a lot of equity) because they can't sell at a price high enough to gain that equity, or because they can't refinance it due to the negative CF,...which would increase with a new mortgage.
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13 December 2024 | 35 replies
If your a high income earner living below your means then this isn't a horrible strategy.
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14 December 2024 | 101 replies
The purpose of this post is to alert people about this $35K scam (since BP has such a high Google ranking, and hopefully this post might come up in some's search result when they are doing research on this so called "Elite Legacy Education"), and here are the details:I read the Rich Dad Poor Dad book back in high school, and I'm fascinated by his emphasis on financial education (although later on I realize man of his other books are repetitive and erroneous).
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10 December 2024 | 5 replies
Your best bet is to find one that has flexible membership options, without high spend requirements.
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11 December 2024 | 7 replies
With the interest rates this high, I can’t seem to find a property that cash flows.
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11 December 2024 | 8 replies
I’m Nate from Lead Flow Realty, and I wanted to share how we can support your real estate efforts in Texas.We specialize in generating high-quality leads for investors and agents across all 50 states, including Texas.
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12 December 2024 | 9 replies
Instead of tying up your capital in a high-cost primary residence, consider taking the would-be down payment and investing it in out-of-state properties.This strategy allows you to diversify your portfolio across multiple assets, spreading risk while potentially generating cash flow and building equity in appreciating markets.
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13 December 2024 | 10 replies
If your DTI is already high, taking on a higher loan amount might not work.