Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
Nice to have the big 2 year goal thats aggressive but it may encourage you to take extreme risk....why not start with extreme smaller goals with shorter windows....ie....as an exampleOut of debt 3 monthsEmergency fund to $x six monthsDownpayment savings by 9 monthsBuy muti prop that allows u to live rent free by 1 yearEtc etc....If your able to beat your goals early you can then move faster
Kendell Powell
18 with 45k looking to invest ASAP
6 August 2024 | 12 replies
We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.
Darrell B.
HELOC to pay all cash on a rental?
3 August 2024 | 5 replies
This is because HELOCs have shorter terms and higher interest rates, so it's intended to be paid off quickly.
Sean Wilt
HELOC out of STVR Property
2 August 2024 | 5 replies
I am looking to be more active in real estate investing primarily in shorter term fix and flips.
Michael Hoover
My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
1 August 2024 | 2 replies
Now as a Banker I understand you will have a shorter pay off but you also have to take into consideration market declines.If the market declines in any way or if your area suddenly gets hit with a higher than normal foreclosure/short sale values can drop.
Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
2 August 2024 | 10 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Brian M.
30-day rentals viability?
1 August 2024 | 13 replies
Now this was also post freeze, so shorter term housing was at a premium.
Evelin Negrete
Starting a Midterm Rental
1 August 2024 | 11 replies
Listing on AirBnB is still an option, but she should set her minimum stay to 16 to avoid any issues with the city.If her rental is in Hall county, but not inside the city limits then using shorter-term stays to fill in the gaps between MTRs is possible, but there are specific licenses that need to be requested from the Hall county planning and development department.Northeast GA Medical Center (the hospital in Gainesville) does not directly provide housing to travelers.That is usually handled by the traveler on their own with a stipend given by the traveler's agency.
Essam A.
Refinancing as non-resident living in Germany
1 August 2024 | 2 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Kelsey VanSleen
Flipping with Seller Financing?
31 July 2024 | 5 replies
It feels like this would be like asking a seller to be a HML because you'd have to offer a higher interest over a shorter period of time.