Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
So before I transfer ownership back and start a seasoning period, I thought I would ask if there were any solutions I am not finding.
Albert Gallucci
is it too late to get rich slow at 61
20 January 2025 | 3 replies
Fewer but better properties will usually outperform more "affordable" properties.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
Taxes are reasonable (in most areas), and there is a significant lack of quality affordable housing.
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
In Akron, there are 'A' properties in 'D-' neighborhoods (over by the zoo) where builders build affordable housing.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
It was the system that afforded this.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
I do agree that I think they're having growing pains, but unfortunately that isn't the kind of thing I can afford to just accept when I'm choosing a company to go with.
Charles Evans
New House Hacker
22 January 2025 | 13 replies
I didn't even think about chatgpt for searching for even easier solutions!
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
The way I see it is I am 2 years into the amortization of a 10 year land loan anyway… so it might be a viable solution.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.