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2 February 2025 | 9 replies
Sending threatening communications is not a good way to start a long term relationship with the people who own the home you live in.
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1 January 2025 | 4 replies
I doubt he'll be able to quality for a loan (VA) with just his income.
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24 January 2025 | 11 replies
For 2023, since your property was rented out with an average stay of under 7 days, it should be classified as a Short-Term Rental (STR).
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15 January 2025 | 0 replies
Purchase price: $145,000 Cash invested: $15,000 I obtained the home 9 years and am holding it for cashflow as a single family long term rental.
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1 January 2025 | 4 replies
If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?
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18 January 2025 | 4 replies
The term curb appeal is simply referring to the home's exterior being appealing, which doesn't have anything to do with plants or pots or items directly.
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15 January 2025 | 10 replies
If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.
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17 January 2025 | 5 replies
I am a long-term investor with a buy and hold property in Brooklyn, NY and I also own multiple lands in Florida and Mississippi.
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6 January 2025 | 8 replies
I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate, Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?
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12 January 2025 | 8 replies
I do not have any loans through Flagstar Bank, but I would talk to them prior to moving it into the LLC.