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Results (10,000+)
Pradeep Varghese Using Fund and Grow along with Plastiq for paying down payment
16 February 2025 | 27 replies
For those looking to use the Plastiq + Credit Lines for a down payment/closing costs you need to consider the following:Most banks will normally require seasoning of funds so if you use Plastiq to perform a wire transfer to your bank account (or that of the Title company) it may throw up red flags.
David Naphy Cash out Refi or wait
23 January 2025 | 7 replies
However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves. 
Eric L Conry Should you sell stocks to pay off a rental early?
2 February 2025 | 17 replies
Should I sell the investments (pretend we're in a non-recession normal stock market environment), and payoff the rental?
Angel Perez Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
I've done a few deals where the bank offered purchase + rehab funding up to 75% ARV, and then it converts automatically to a normal mortgage loan at the end of the rehab. 
Kristin Mathern Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
"I'm at the point where I've gotten out THE lease and it doesn't have anything about locksmith, however the maintenance, repairs section states, " All normal repairs necessary to maintain premises in a tenantable condition shall be done by or under the direction of the landlord, and at the Landlord's expense, except those caused by negligence or acts of the Tenant, which repairs shall be made at the sole coast of the Tenant. 
Alex Messner Purchasing first home (with debt)
4 February 2025 | 12 replies
It is very normal to buy a home with other debt, especially at your income level.
Ken M. So, What's the Difference : Assumption vs SubTo (Subject To)
23 January 2025 | 1 reply
At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.
Collin Hays How much will my bank lend me?
13 February 2025 | 10 replies
I paid him the normal closing cost, a few $ grand in fees, and a slightly higher interest rate than I might could have gotten conventionally. 
Ryan Johnston Should I sell or keep my long-term rental when it isn't cash flowing?? Please HELP
7 February 2025 | 22 replies
This implies that if I had confidence of better than normal appreciation or ways to add value, I would purchase a negative cash flow property.  
Jerry Shen Buying RE with Bitcoin
11 February 2025 | 167 replies
No one  (aside from ideologues) seriously considers bitcoin a currency anymore, and there are secure ways to store your bitcoin using hardware wallets but it's tough to convince normal people to do it which I think will hamper it's adoption.