Lalania Allgeyer
Studying for R.E. exam....any tips?
10 July 2024 | 17 replies
I'm not sure if you get nervous before tests, but I find it helpful to do things to calm myself.
Denis Ponder
VA Home Loan Question
8 July 2024 | 6 replies
Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.
Zachary Palmer
First flip on my own
5 July 2024 | 4 replies
Take a closer look during due-diligence for appliance hookups and what type of animal/insect droppings are around.
Michael Hoover
Buyout Local Portfolio?
4 July 2024 | 1 reply
This is in a small town that I own and operate other rentals.I am a bit nervous of the type of renters that are in these deferred maint properties currently but see big upside if properties are restored, Partialy because all are within 1/10mile and many property boundaries touching the community college.
Jorge R.
Renting to mental health for a group home
5 July 2024 | 19 replies
I am a first time investor, about to rent out my current home (3BR/2bath) as I move into a new one (so a tad nervous!).
Lucas Schlund
Planning My First BRRRR - All Cash or Finance
5 July 2024 | 19 replies
So, if your BRRR budget uses the entirety of the $80K it would make me real nervous because then you don’t actually have free cash to cover that bad case scenario.
Andres Pepping
Section 8 ROI
1 July 2024 | 5 replies
We are interested in Section 8 - going over the HUD rents and doing the math on the CoCROI we sometimes come up with 20%+ ROI (accounting for capex, repairs, vacancy, management, etc.)Going over some of the forums here I see a lot of 10%-12% CocROI of investors with Sec8 properties.
Michael Bishay
Looking for some advice on Section 8 investing in SC?
1 July 2024 | 7 replies
. =) Looking to start investing in Section 8 and was wondering if anyone had any horror stories, success stories or advice on where to start.
Mattias Clymer
My first flip
1 July 2024 | 7 replies
I am under contract for my first flip and nervous but excited.
Chelsey Coleman
Airbnb a bedroom
1 July 2024 | 13 replies
You should look into renting the whole place.I am guessing that trying to self manage from a distance is making you nervous?