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27 January 2025 | 7 replies
Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media
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16 January 2025 | 3 replies
@Rennell Goudeau Hi Rennell, send me a private message and we can connect.
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3 February 2025 | 6 replies
If you own the balcony (check CCRs, I have a unit where I don't own my private balcony) then it is all part of the unit.As an owner, you're on the hook for the actions of your tenant.
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2 January 2025 | 14 replies
Looking for tips on tax savings on the small business.
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29 January 2025 | 6 replies
Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan!
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23 January 2025 | 7 replies
I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.
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7 February 2025 | 0 replies
While these loans make it easier to buy a property, they come with challenges:- **PMI Can Be Costly:** With less than 20% down, you’ll likely pay $150-$300/month in private mortgage insurance.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.
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8 February 2025 | 28 replies
Instead of vague alt text like “Modern kitchen,” try something like “Chef’s kitchen perfect for group meals or private dinners.”
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23 January 2025 | 20 replies
Our community is actively identifying and investing in off-market deals, sharing the cost of virtual assistants and direct mail, sponsoring deals, investing our own capital, and having multiple group calls and webinars every week with institutional analysts, real estate and SEC attorneys, regional banks, private lenders, and other experts specifically to discuss and analyze deals within the community.
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6 February 2025 | 4 replies
If you’re interested in exchanging further insights on best practices or have specific questions about structuring a VA program, feel free to send me a private message.Good luck with ramping up your direct-to-seller leads!