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Results (10,000+)
David Chappell Buying a House with LLC but refinancing for a rental under personal name
22 July 2024 | 9 replies
That means don't put bills in your personal name or have anything that would indicate on your credit that you used that address as your primary home. 
Sean P. 1M in funds but no experience
22 July 2024 | 19 replies
Credit ~800Presuming 25% down, but open to whatever numbers work out bestNon-owner occupiedLong distance (no specific geography selected yet)Professional managementLeaning towards MHP initially, but open to apartments if the numbers workPriority is maximizing cash flow, especially in the first 1-3 years
Germán Rimoldi Down Payment Requirements for Investment Properties
21 July 2024 | 2 replies
I've heard that the down payment percentages for investment properties can be higher compared to primary residences.Specifically, I'm looking for insights on:The typical down payment percentages required by conventional lenders for investment properties.Any differences in requirements for single-family homes versus multi-unit properties.Experiences with different lenders and any recommendations for those offering favorable terms for investment properties.Any tips for negotiating better terms or finding lenders with more flexible down payment options.For context, this will be my second property, and I have a good credit score and a stable income.
Liam O'Hara First-time real estate investment, considering partnering
22 July 2024 | 8 replies
Let's say 3 young single guys want to buy investment triplex.  5 years later your credit is all tied up in that triplex so when one of your partners gets married and has kids and his wife wants to buy a house for the family, they can't do it, because his name is on that investment mortgage. 
Marcus Smith Do I need to list my Rental on the MLS?
21 July 2024 | 9 replies
Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.
Jacky Fan Cash-Out Refi or Selling
22 July 2024 | 10 replies
For example, As long as you qualify (debt ratio, credit score) you can take out a conventional loan with just 5% down.
Luis Arguello Strategies to reduce taxable income while deploying capital to build wealth?
21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base. 
Scott Trench Investing in Blue States > Investing in Red States
25 July 2024 | 62 replies
The middle ends up either trying to occupy the lowest-end housing or being displaced altogether, with no one out there to help them. 
Jonathan Jacoby Friend wanting me to collab on developing land for the first time, what's fair?
21 July 2024 | 0 replies
I could continue to build on credit but am uncomfortable with tying up such a high percent of my capital in a single investment.
August Mickelson Purchase With Conventional and REFI with DSCR?
20 July 2024 | 10 replies
How is your credit history?