John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
THEN, I plan to purchase the second home using a FHA or conventional loan (3%-5% down), for which I will likely pay the monthly cost out-of-pocket, maybe with some rental income support if it is a duplex.My concern is, I do not want to spend my savings or weigh down my debt-to-income ratio so much so that I cannot qualify for and pay the down payment and closing for the lending on the second home.Questions: - With the first home being multi-family, 75% of the rental income (or potential rental income initially) will relatively either maintain or boost my debt-to-income ratio from lenders' perspectives, right?
Kegan Scholl
Best market for first house hack to cash flow? FL, TX, AZ, UT, other?
20 January 2025 | 6 replies
-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.
Kenny Bao
Advice on Off-Market Apartment Strategies
29 January 2025 | 9 replies
So a majority of the ownership groups would want to sell, plus since they are more sophisticated owners usually would sell through a broker to get max price and not sell privately.
Andy Jimenez
New Investor looking forward to network
26 January 2025 | 2 replies
We have been able to save up some money for our first turnkey multiple unit building.
Jeff Sanders
Estimating landlord Insurance
29 January 2025 | 3 replies
It's super easy to use and will save you a ton of time :)The team at Steadily is absolutely fantastic!
Jimmy Rojas
Will Trumps presidency benefit small RE investors or people just starting out?
25 January 2025 | 2 replies
I don't see anything the new administration can do to help the little guy.Make lots of $ and save it.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
3 February 2025 | 35 replies
Like you said we have been saving upwards of 60% of our W2 income and business cashflow in order to do this.
Vivian Belle
Living abroad and Investing
26 January 2025 | 2 replies
I haven't had a full-time employment for a while but I have money saved up to buy a property or two.Is anyone here living abroad also or know anyone living abroad that is not physically buying properties in the USA but abroad?
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 1 reply
The spacious primary suite features a private full bath with double vanity, while the flexible layout provides options for bedrooms, an office, or hobby spaces.
Lauren Frazer
2025 shift from Sales to Investment!
2 February 2025 | 5 replies
Could help you save some serious $$ if buying and selling there and can also get you access to their MLS systems.