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28 January 2025 | 6 replies
I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.
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3 February 2025 | 79 replies
Yup, JUST LIKE EVERYTHING ELSE INCLUDING RENTS.
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24 January 2025 | 42 replies
In order to move back into the home, the homeowner would need to reinstate or payoff the loan, including the costs of the receivership as permitted in the order.
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21 January 2025 | 18 replies
Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees.
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16 January 2025 | 6 replies
The risk is not including due diligence caveats in your offer, like inspections.
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7 February 2025 | 49 replies
I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone!
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29 January 2025 | 5 replies
I included a link below to your state's association with all the requirement info.Keep in mind that getting into Real Estate is not a cheap adventure.
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28 December 2024 | 13 replies
Bigger Pockets sent out an alternative investment article which included ATM investments as a suggestion.
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1 February 2025 | 19 replies
This way the broker can search hundreds of lenders (Including Easy Street Capital) instead of just hoping that one lender can get you a good deal.A direct lender can work very well for Conventional loans, but if you were hoping to get a good deal I would look elsewhere Or you could search for hundreds of lenders here on BP or online yourself and avoid paying broker fees..
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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.