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11 January 2025 | 7 replies
Even though your PMA expires in two months, you may be able to terminate earlier if the agreement allows.Follow the Terms: Send a written notice of termination as specified in the PMA.
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12 January 2025 | 8 replies
It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals.
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10 January 2025 | 14 replies
I'm not sure I can copy and paste my Excel spreadsheet, so i will approximate the numbers here.Strategy:Take a Home Equity Loan (second) on our primary @ 5%.Pay off existing HELOC (variable, at 7.5% now), use remainder ($120k) to buy the land (plus 30k of our own cash).
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10 January 2025 | 4 replies
This property is in the next state over from me (only about 90 min away) and is a 5 unit, therefore I'm looking at a commercial loan.
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16 January 2025 | 3 replies
FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.
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10 January 2025 | 11 replies
As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.
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5 January 2025 | 12 replies
- Fannie/Freddie (f/f) residential conventional loan is the cheapest money available.
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3 January 2025 | 12 replies
Staying local and house hacking—especially now, before kids—gives you so much flexibility to set yourselves up for long-term success.Your financial foundation is super strong, and house hacking a quad sounds like an amazing first step for you two.
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13 January 2025 | 5 replies
In terms of performance, I will be honest with you: it all comes down to your source of lists, the way you set up your campaigns, and last but not least, your templates.
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10 January 2025 | 3 replies
I got approved for a HELOAN on my primary property but not sure if I should take the loan to just use as “leverage/reserves” to show the HML and get funded.