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27 January 2025 | 2 replies
I do have a third goal, but too much will happen by the time my second goal materializes that my third goal will likely change drastically.Also, I tend to find myself wanting to ask market-specific questions to agents/lenders/investors/contractors/etc. a lot.
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25 January 2025 | 4 replies
Quote from @Ashley Kehr: There are a ton out there, but if you are starting out to mid level I like buildium.
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31 January 2025 | 4 replies
Hi James, this does sound like a lot for a first time flip.
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30 January 2025 | 3 replies
A more likely situation is you’d have to offer AT LEAST 7% to her, making your payment $1830 and your payoff in 3 years $265k.
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1 February 2025 | 23 replies
Quote from @Victor Patel: I’m not sure where your property is located, but it’s likely that you won’t be receiving rent anytime soon.
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29 January 2025 | 12 replies
There's nothing that prompts inaction like uncertainty (in fact, hinting at demanding a stable 11 cap, one might argue, is a form of effective inaction, since we know how hard that is to find). - Substitute goods.
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30 January 2025 | 0 replies
.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.
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28 January 2025 | 10 replies
Hi Amir, when studying different neighborhoods in my market I like to use quantmaps.
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27 January 2025 | 11 replies
Keep in mind of the I/O(payments/period) and game plan on how fast you'd like to pay it down.
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26 January 2025 | 8 replies
Quote from @Laura Yelin: Hello BP'sI like Sherman...I lived there for about 3 years many years ago and still sell and rent there.It's a slow wealth building market in my opinion, not get rich quick.Mostly blue collar stable town.