
15 November 2024 | 14 replies
Quote from @Robert Cucino: Quote from @Tanner Lewis: Those look like pretty solid returns on the surface level, if you decide to go with DSCR, you can qualify the deal with AirDNA projected income even if it is rural. yeah i talked to dcsr lender in area, they do 80 LTV.

19 November 2024 | 8 replies
Pulling the cash out that you paid for a property is called delayed financing and that allows you to pull the cash out, and with some lenders the closing costs you paid.

21 November 2024 | 14 replies
I was in between jobs for the moment but now moving to Omaha which will allow me to get connected to other investors once I’m there.Makes sense and good luck with everything!

20 November 2024 | 12 replies
Only thing I can think to do is call Vrbo or Airbnb and explain the situation and see if they would allow you to create another account that maybe isn't active to use until the other accounts are shut down?

20 November 2024 | 14 replies
This will allow you keep the equity and maybe try a BRRRR with another property if that's why you specialize in.

15 November 2024 | 8 replies
I have bought off market deals direct from owners, from wholesalers as both a dual closing and contract assignment, and of course listed deals.From the surface, this sounds a tiny bit shady, but not over the top.
21 November 2024 | 1 reply
It also potentially still allows you cash flow for future capex on the property while not over leveraging yourself.

22 November 2024 | 28 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

20 November 2024 | 15 replies
This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.

22 November 2024 | 12 replies
We got the maximum amount they allowed, which is about half of our mortgage.