Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
James Brazil
4 Acre hobby farm for young family.
7 January 2025 | 1 reply
Sometimes folks overlook how real prce apprecation can be impacted by having acreage that’s not typical in suburban areas.In Phoenix, where I’m based, a lot of us collaborate with local probate attorneys who know about hidden opportunities that never see the open market.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
While they typically have considerable deferred maintenance, we're getting great terms.
Anthony Benoit
Hey im new here!
7 January 2025 | 10 replies
Typically people charging for that service are doing it because they need the money...if you catch my drift.
Yehuda R.
Renting My Property to Traveling Nurses. Seeking Advice.
8 January 2025 | 5 replies
I wouldn't bet my life on 50%, but I would bet they are more problematic than the typical long-term renter.
Angel Perez
Can I get a loan for a property uninhabitable?
19 January 2025 | 9 replies
Exit strategies are typically, refinance into a long term loan and hold or sell it for profit.Cheers!
Adrian Sopher
My Story; Life, Mistakes, and Opportunities!
19 January 2025 | 1 reply
I researched commercial construction careers, and found a construction degree is typically required.
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.
Bethany Merlucci
Help this newbie investor to decide if this is a good first property
10 January 2025 | 4 replies
Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment?