
10 February 2025 | 5 replies
Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.

17 January 2025 | 19 replies
Investors are already on board with the options weve got, just shopping for the best option.

6 February 2025 | 9 replies
If you listed the property for rent, advertised it, or had it available for lease before December 31, 2024, it could qualify as a rental for 2024 tax purposes.

3 February 2025 | 5 replies
These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

24 January 2025 | 0 replies
To qualify as an RE Pro you must:1.

30 January 2025 | 4 replies
To qualify for installment sale you must selling an investment property, it was a rental for at least a short period.

17 February 2025 | 61 replies
Originally posted by @Mike Dymski:You don't need one if you are sourcing, qualifying, and closing the leads.

5 February 2025 | 6 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

1 February 2025 | 7 replies
(Could be more than just two) So just be aware, you can use the sec 8 income to help with qualifying for a DSCR loan but you could very well end up with a higher rate.

8 January 2025 | 0 replies
Does that qualify for a home office tax exemption?