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13 January 2025 | 12 replies
Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.
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30 January 2025 | 32 replies
My plan is to mainly focus on cash flowing properties that make the 2% rule.
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21 January 2025 | 7 replies
You do not need a separate LLC for each property or a series LLC!
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24 January 2025 | 12 replies
All these properties were bought sight unseen on their recommendations.
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30 January 2025 | 4 replies
A 1031 exchange is for selling an investment property then buying another investment property.
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23 January 2025 | 7 replies
@Kyle Kulhanek Are you planning to transfer the property into an LLC owned by both individuals on title?
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21 January 2025 | 3 replies
Most banks won't want to come in with a line of credit that is second lien on the property.
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27 January 2025 | 5 replies
With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.
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24 January 2025 | 0 replies
Buy and hold used as short term rental property.