
4 October 2024 | 39 replies
This is what I and many many others on this site did when we started. 25 is a great age to work very hard and see benefits in a very short time compared to a 35 year old with kids who has to outsource everything shooting for a 8-12% returns due to life obligations.

3 October 2024 | 9 replies
It will familiarize you with the basic terminology and benefits.

1 October 2024 | 7 replies
This is not for speculative investments based on capital gain but to benefit from rental income.

1 October 2024 | 8 replies
The advantage of the SBA financing is that you will only have to bring 10% to the table, but you will also have to show with the existing building and your Adjusted Gross income that you have the capacity to pay for the new debt.

2 October 2024 | 38 replies
Many of her points are actually designed to stimulate the real estate industry, which could benefit investors (although cause some unintended consequences to boot).

1 October 2024 | 16 replies
With rehabs you can get to significantly lower purchase prices and typically the lender will just be looking for a100k+ ARV so that you can refinance out of the loan once rehab is completed (100k as-is value is pretty standard for DSCR loans).With rehabs experience is the biggest factor to LTV and rate so partnering up with someone for the first one or first 3 will get you significantly better terms (working in the same area can also provide benefits in terms of LTV).

30 September 2024 | 5 replies
This way, they can continue to receive steady monthly income without the headaches and responsibilities of managing the property themselves.Of course, I always recommend sellers consult with their accountant to fully understand the tax benefits, but many I’ve worked with have found this to be an appealing option.

1 October 2024 | 11 replies
If one buyer doesn’t want to pay what it’s worth, someone else will.Know your market: If the market truly shifts and a buyer’s concerns are valid, it’s reasonable to adjust.

1 October 2024 | 6 replies
The main reason is labor, and the cost to live around this area is not cheap, so skilled labor demands high wages and benefits.

30 September 2024 | 7 replies
Would need to know a bit more to say for sure, but be sure to ask about those benefits you might qualify for.