Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
For some buyers it would end up being less than a 2.5-3% commish, and for others more.The tricky part for the buyer is it would have to come out of their pocket in addition to the down payment, whereas a commission paid by the seller at closing is included in the purchase price and absorbed into their loan (usually unless paying cash obviously) so the buyer only has to make the down payment out of pocket.
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
Direct lenders are great for portfolio style loans, investors that do significant transactions and have a banking relationship.
Felicia Smith
Wholesaling and Private Money Lending
26 December 2024 | 3 replies
With a teaching and leadership backgroud, I have an interest to help others write their programs or review their presentations to address every learning style.
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
Your best route might be to buy a 2 to 4 unit property that you can live in and rent out the additional apartments.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
13 January 2025 | 1 reply
Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.
Cole Dobbs
New Member Introduction
10 January 2025 | 9 replies
@Cole DobbsIn addition, I may be able to help you and connect you with some key real estate investor players in the Houston, Texas market since I am an Investor myself that have done most of these real estate investing strategies and also an investor-broker who has helped over 400 investors like you.
Rebeca Moreno
Buying my first multi-family unit
17 January 2025 | 9 replies
Additionally, it's a good idea to connect with a Property Manager early on.
Jaime Ponce
House Hacking In Salt Lake County/Utah County/ Logan, Utah
16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
Additionally, applicants can (optionally) upload tax forms and bank statements for our review.If you're looking for a website you can utilize on your own @Bruce Woodruff mentioned a couple that are popular.
Tyler Edens
House Hacking Budgeting
20 January 2025 | 4 replies
.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.