
17 October 2024 | 23 replies
Perhaps thinking of a modular style home to get it up and running quickly.

18 October 2024 | 25 replies
@Bradley Buxton nailed it - the one percent rule is just quick napkin math (great term by the way).

18 October 2024 | 1 reply
For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.While most lenders require you to hold the loan for at least 6 months (aka "seasoning"),Fabulous 5BUY - short-term bridge financing to help you with investment property acquisition.REHAB - With up to 100% rehab financing, you can stay liquid through renovations.RENT - Tenant in place or future tenant.

18 October 2024 | 6 replies
Finally, speed is important—moving quickly on the rehab and resale can help minimize holding costs and increase your profit margins.

17 October 2024 | 5 replies
And my feeling is for MOST people Solo 401k is sufficient to meet their needs, and an actuary creating a custom plan is “overkill”.

18 October 2024 | 4 replies
It became clear very quickly that the company is making all its profit on 'maintenance surcharge' and is very aggressively pushing 'maintenance' where it's needed and where it's not.
18 October 2024 | 34 replies
To be honest, this feels overwhelming, especially knowing I couldn’t pay it all off quickly if I had to.Out of that $900K, about $500K is tied to 30-year mortgages on my rentals, with interest rates ranging from 2.99% to 4.375% and 400k on primary at 6% 30 year.My total monthly mortgage payments are $5,500 on my rentals, and my long-term rental income is $6,850, giving me a monthly surplus of about $1,300.

18 October 2024 | 2 replies
Here’s a quick take on your questions:1️⃣ Do you need a business set up?

18 October 2024 | 14 replies
Their in-house adjusters are responsive and quick to reply.

14 October 2024 | 4 replies
I am a spreadsheet junkie, so of course, I also built my own custom underwriting calculator!