Eli Kim
Maxed DTI. How should I get more properties?
10 January 2025 | 20 replies
I’ve been thinking DSCR but don’t they typically have higher down payments and closing costs?
Robby Sanchez
Communication within the GP team
24 January 2025 | 2 replies
How many GPs are typically on a deal?
Yasmin Mughal
Househacking in Baltimore County for 400K for a 3/2 or 4/3
22 January 2025 | 9 replies
I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom.
Jaime Ponce
House Hacking In Salt Lake County/Utah County/ Logan, Utah
16 January 2025 | 5 replies
After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.
Zach Howard
Where and how can I learn in depth about subject to, wraps etc without the fluff etc?
12 January 2025 | 2 replies
I'd like to take a deeper dive into subject to, wraps and other related things to educate myself and see whether some of these might be things I can actually utilize in my real estate journey.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
Quote from @Jacob Sherman: you can utilize no income no doc construction loans . fund 50% of the land 100% of construction upto 65% ARV .
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Llamier Guzman
Happy To Be Here In With You All!
6 January 2025 | 2 replies
I'm currently reading David Greene's "BRRRR" book and I will be utilizing my VA Loan as a first home purchase (duplex) for my first home utilizing the VA Loan.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
A monthly fee (typically around $5-20/mo) is added on to the payment.
Tyler Edens
House Hacking Budgeting
20 January 2025 | 4 replies
Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.