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10 February 2025 | 6 replies
Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.
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13 February 2025 | 16 replies
Its great that the seller is will to carry a note in a seller 2nd as well, that will help reduce your require monthly payment with the right lenders.
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16 February 2025 | 3 replies
Ron Desantis wants to eliminate property taxes in Florida most likely via a constitutional amendment for voters which would require 60% to pass.
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18 February 2025 | 24 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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23 February 2025 | 33 replies
And let’s assume that the requirements are going door to door and convincing “motivated” homeowners to sign a contract with you selling their property below “market” rate.
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13 February 2025 | 2 replies
You would need to submit a material list to a local supply house, usually they require you to open an account and they ask for a TIN for a line of credit.
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15 February 2025 | 5 replies
In the case of investors, they still require a 20% down payment, additionally there is a 2.25% funding fee because the REO was purchased under a VA loan.
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11 February 2025 | 15 replies
This was my seed money to start my business.Aug 2021 - My first rental property was a side by side town house that required me to put down $55K and generated $950 per month in cashflow.
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18 February 2025 | 2 replies
However, transferring your current home into an LLC may affect financing, as most traditional lenders require it to remain in your personal name for a home equity loan.
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10 February 2025 | 8 replies
Since you’ll be saving your own living expenses by living in one of the units as required by the VA (to the best of my knowledge.) pretend you are paying rent and it should make your numbers look much better.