Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
The only major difference is usually prepayment penalties and maybe some obscure, unusual loan terms in certain cases.
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
There are several different kinds of exchanges with different rules and timelines, not just one type.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
Generally, the biggest difference is that DSCR Loans often have prepayment penalties attached which typically will have a 1%-5% fee if you prepay the loan within the first five years so its the "risk" of having to pay a little extra fee if you sell or refinance the property pretty early on.PS - check out this series of 10 articles published on BP on all things DSCR Loans which can give you a full rundown on everything you would need to know when using this type of loan!
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
The solution would have been to sell this once you got it, and net the difference.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Logan Barwick
How would you invest
27 January 2025 | 3 replies
Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
There is a difference.$300k cash flow in 20 years is an ambitious but not unrealistic goal.
Arina Alexiuc
Small multi 2-4 units vs 5-20 units?
19 January 2025 | 2 replies
If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.
Donnisha Jones
New member looking to learn
27 January 2025 | 1 reply
How long it takes to be financially ready is different for everyone.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
Todays standards are far different as you know..