
11 December 2024 | 7 replies
It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck

15 December 2024 | 18 replies
The DSCR loan is a great tool because it's looking at the income potential of the property, not just your personal finances.

10 December 2024 | 0 replies
Maybe even failure to take full advantage of an opportunity, resulting in a loss of potential profit or benefit.

10 December 2024 | 7 replies
But again, there is a charm to older properties, because if they do have the proper envelope a great structure, and the ability for a functional layout, they can have a lot of potential. likely a full gut...

15 December 2024 | 7 replies
If its a log cabin it might have trouble qualifying for the refi - would be smart to get some opinions early if that is your gameplan - would likely be a bigger potential hurdle than the gift/original purchase process

11 December 2024 | 7 replies
For older properties, expect a higher CapEx due to potential issues with major systems like roofing or plumbing.

11 December 2024 | 4 replies
Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.

9 December 2024 | 15 replies
Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X.

13 December 2024 | 32 replies
I'm in the process of potentially doing just that.

14 December 2024 | 15 replies
I’m stuck when I try to run numbers on a potential deal, how do you generally estimate rehab costs?