21 January 2025 | 7 replies
Best of luck with your 6-unit deal and future investments!
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19 January 2025 | 7 replies
Rock that for about 12 months and add some equity and then you could refi out to conventional so as you pay it down in the future the mortgage insurance will drop off.
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20 January 2025 | 1 reply
One key takeaway for future projects is the value of hiring professional painters.
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15 January 2025 | 11 replies
Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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23 January 2025 | 45 replies
You have to realize that if we get another euphoria in the general markets(RE, equities, bonds, crypto, gold, etc.) then places with scarcity in RE will definitively be a pressing subject.
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27 January 2025 | 12 replies
I think in the future you'll see businesses supplying this type of accommodation for their workers.
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2 February 2025 | 14 replies
You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals?
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29 January 2025 | 20 replies
My investor clients are typically happy with a small return right now but are buying on the idea of refinancing and getting future higher cashflow, principal paydown, and appreciation.
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17 January 2025 | 6 replies
We're new to real estate and would appreciate advice on our current home in Texas and our future place in Oregon.We love our house in Austin and aren't ready to sell, but as a long-term rental, it would yield (from what I understand) negative cash flow, covering principal and interest but not taxes and insurance.