Steven Nguyen
Advice needed--BRRR- SFH
21 January 2025 | 4 replies
Lenders will want to see those funds deposited in a bank or other lending institution on one or two monthly statements.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Same thing for the so called “infinity banking”.
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
That is your denonimator.You also take the cash flow you get from rent minus all your expenses, so at end of day how much $ is in your bank account for the entire year.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I use Buildium for tracking rent, fees, leases, and collecting online payments, but I don't use their reports for much, as I end up copying my online banking each year into spreadsheets.I've been using Rental Hero for the last hour and already impressed with it.
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
If you manage to get this off the ground and do some verified - meaning paperwork is in your name, or company's name, etc - projects that turn a profit, and you build some capital in a bank, you should be able to go right to that lender after a year or two and start a relationship no problem.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
Getting over 5% return when using their banking partner so working to transition all my properties over for rent collection.
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
It earns a great rate of return compared to a bank account and is fairly liquid.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
Brokers have their place in the industry as do retail banks/mortgage bankers.
Bruce Woodruff
Thoughts on the California fire repercussions
22 January 2025 | 17 replies
So when the bank requires insurance for the loan amount.. that will work generally..