Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
Hi @Philip Jones,For the refinance aspect, the main factors will be the FICO Score, cash flow of the property, and as-is value.A Higher FICO will let you get a larger loan size and lower interest rate.Good Cash Flow will ensure that your property will be profitable for you and enable you to get the max loan size that your FICO allows for.The As-is Value will play an important role in making sure that you meet the minimum requirement for a DSCR loan of 100k, but also in making sure that the rehab work that has been done provided significant value add.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
Need to look at the other aspects to show the way.
Robbie Shiver
Short Term Rental Alternatives? Need Help/Ideas
12 November 2024 | 7 replies
Depending on what aspects you would like them to handle vs you then you may be able to negotiate that 20% down lower.Alternatively, look into medium term rentals.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
i think there are obviously a few different aspects to the FIRE movement - 1. discipline on saving and spending.
Dhawal Shah
Airbnb / STR Property Management Tools / Recommendations?
13 November 2024 | 11 replies
However, I am seeking recommendations for the most effective tools and software for remotely managing my Airbnb properties, as I will not have a local short-term rental manager.Specifically, I am looking for software that can assist with property listing, pricing optimization, channel management, guest communication, and any other relevant aspects of property management.
Kyle Deboer
What are some things you wish you did before you started in real estate
12 November 2024 | 5 replies
Also understanding how things are put together, how siding works, gutters, etc (basically as many aspects of the home as possible)Having this knowledge will also help you from getting burned by contractors telling you things just so they can save time and money and deliver a crappy service.
Crystal Harris
Junior Tax Liens
10 November 2024 | 2 replies
Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.
Robbie Shiver
Short Term Rental Alternatives? Need Help/Ideas
15 November 2024 | 17 replies
There are a lot of opportunities to keep it full while negating the full time management/customer service aspect.
Jack Lee
Should I Attend a Meetup with Minimal Knowledge?
14 November 2024 | 19 replies
Andrew was awesome in all aspects.
Luis Puente
Is really worth it to get my real estate license?
14 November 2024 | 9 replies
But for sure to be a successful agent there is an apprenticeship aspect..