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21 February 2025 | 12 replies
While I don’t plan on flipping the house, I intend to use the property for short-term rentals (STR), and based on my research, it seems like it will perform well either as an STR or a long-term rental (LTR).Any ideas on how I can source the financing or recommendations for better lenders would be greatly appreciated!
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14 February 2025 | 161 replies
I love my job and plan to do this type of work forever.
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6 February 2025 | 3 replies
The business venture that went sideways?
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8 February 2025 | 12 replies
Toby - getting your license for self representation of you're planning on doing a lot of deals is a good option.1) You have to hang your license with a broker unless you have a brokers license.
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3 February 2025 | 6 replies
Connect with The Hard Money Co, Mach1 Lending, MGM Capital or Plan B Homebuyers.
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10 February 2025 | 16 replies
You can’t win the the present value game unless your plan is the absolute best investment plan, AND an owner occupant or neighbor doesn’t want it.
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30 January 2025 | 6 replies
Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it.
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13 February 2025 | 5 replies
Since it's your current primary, you would need to move out, change your address, and likely get a lease in place before closing on the DSCR loan since the lender needs to prove this is a "business purpose" loan and not a loan on your primary residence.
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14 February 2025 | 21 replies
I did a cash out refi on my principal residence at a much lower rate and paid it off.Now I plan on using the equity for more purchases.What?
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7 February 2025 | 13 replies
She prepares all the numbers for me to review and then we discuss issues within the business, create an action plan around them and wrap up.