
10 January 2025 | 23 replies
Plus, house hacking with a VA loan’s benefits (no down payment, low interest) is a no-brainer.After a year, transitioning into BRRRR with single-family homes makes sense, especially since you’re working on your real estate license—it’ll sharpen your skills and help you spot opportunities.

9 January 2025 | 9 replies
100% financing, no payments, financing in extra "cash out" money upfront so you can do a rate/term refi once you pay them off...

9 January 2025 | 11 replies
Since I've owned just a few days over a year, I'm not a happy camper and have no doubt they knew this was going to happen when they took my money last November.

11 January 2025 | 7 replies
No one can answer that because we don't know what market you are in and what your list price is versus the actual value, as well as the scale of the town.When something hasn't sold in 50 days, it's overpriced.

14 January 2025 | 18 replies
No heart shaped tubs are arcade games in this one.

8 January 2025 | 9 replies
If you're looking for MY permission to abolish FinCEN - you got it ;)It would save everyone a lot of hassle, no doubt

10 January 2025 | 20 replies
I know one person that did this recently and was able to negotiate no money down and 12% over 5 years but this was probably in the mid west.

10 January 2025 | 2 replies
There's obviously opportunity here to build this out and turn it into a basement apartment, which I think would cash flow because of course there's no mortgage.

8 January 2025 | 5 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

7 January 2025 | 5 replies
No lender is going to do that and PennyMac definitely isn't going to do it.