Art Maydan
Brainstorming Next Move After House Hacking
4 April 2017 | 17 replies
I’m reading a book on flipping currently and will read a few more to become more familiar with the territory.
Jimmy H.
Using HELOC to finance investments with no money down
20 December 2017 | 33 replies
Once you go to 5+ unit buildings you're outside "conventional loan" territory.
Kem M.
Single Family, Duplex, Triplex, or 4-unit Apt in College Town
16 October 2016 | 4 replies
I want to ensure I am not missing something breaking into new territory.
Kevin Beres
Put my first offer in on a great prop and... I didn't get it, How can I strengthen my future offers?
6 April 2015 | 24 replies
This just comes with the territory.
Susana La
continue to rent or sell?
25 March 2015 | 1 reply
The bigger mortgage on the original property pushes it into barely cash positive territory, and I double guess this decision daily, but here is my thought process:In general, greater leverage equals more money in the long runthe extra 20k I hope to get in appreciation will be worth holding on to it for another year or so.The second property will bring in extra cash flow to make up for the loss on property one, and appreciation.
Patrick Martone
100,000 in cash, now i need to pick one of two ways to proceed.
7 February 2017 | 30 replies
The later areas i mentioned are unchartered territory which poses a challenge.
Account Closed
How To Integrate Spouse Into Wholesaling Business
9 May 2017 | 8 replies
My target market is part of the sales territory for my sales job.Currently I have closed four deals and have two more signed with a buyer and seller that should be closing within the next month.My spouse has Bachelors in Marketing and a MBA but has predominantly been a stay at home Wife/Mom since my son was born who are now 7.
Account Closed
Loan Approval, Owning Multiple Properties, and Real Talk
19 July 2016 | 38 replies
To be honest, the 100k mark was to be able to "enter the territory" in a low-risk way on a SFR property to generate $300 - $400 extra a month and then get the ball rolling.
Kurt Phillips
Refinancing without a W2 job
18 November 2022 | 15 replies
And any tips or advice is welcome because this is unknown territory for me.
Rigo V.
New income for DTI- need clarification
30 October 2017 | 2 replies
If it's W2, and either base salary or hourly with you expected to work full time hours, and it ballpark lines up with your employment history as career progression in the same industry, it can be used before it appears on tax returns.If it checks some of the above boxes, but not all, then we're in "it depends" territory:- A former lawyer that used to make $100k/yr that is now trying to say they make $175k/yr as a janitor working for his father in law... probably not going to fly.- A project manager at XYZ Tech that got poached by ABC Wizardry to be a project manager with a significant pay-bump, and the borrower/employee is not a relative of the new employer, that'll typically work just fine.