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18 September 2024 | 3 replies
Once you know the goal you can reverse engineer into the resources you need to build the goal.
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16 September 2024 | 4 replies
A new loan officer or one not familiar with DSCR might offer you the best interest rate and fees on a DSCR loan because their pricing engine told them, but your specific scenario may not fit. for example, a deal I am currently working, First time investor, First time home buyer, living rent free, seeking 80% LTV purchase, Using Short term rental income to meet DSCR, with gift funds.
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21 September 2024 | 69 replies
Active investing - CREATE wealth through forced value increases, financial engineering, better operational efficiency.
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17 September 2024 | 10 replies
Hey Austin, Before trying to wholesale, you have to fully understand what makes a property a good deal for an investor (flipper or holder) to be able to reverse-engineer the process and come up with your MAO.Network with flippers in your area and simply ask what they’re looking for in a flip.
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16 September 2024 | 43 replies
Sounds like someone with a W2 in engineering with a 401k a paid off primary and 1-2 rental houses nearby.
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17 September 2024 | 68 replies
It just sorta pulled me away from what I was best at, especially when I was clocking in at my engineering gig trying to progress my career.A bunch of folks on these forums cover the whole spectrum, from newbies to 1m net worth plus investors.
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12 September 2024 | 4 replies
Paid $800 for a structural engineer to write up a 10 page piece of fluff telling us all the ways we could spend money to fix the sinking but settled foundation.
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12 September 2024 | 6 replies
Cracked roof joists are a serious structural concern, and having a structural engineer or a contractor experienced with older homes inspect the roof structure is essential.
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12 September 2024 | 0 replies
We haven't closed on the home but the home had couple of engineering problems that the builder has identified during the construction phase and have advised that they are going to provide disclosures for the same.
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13 September 2024 | 6 replies
I've been educating myself through books and podcasts on topics like sourcing off-market deals, deal and property analysis, creative financing, and title reviews.My fiancé is an architect that works with GC's and structural engineers to design homes ensuring they are functional, aesthetically pleasing, and safe- which I hope will help me navigate this space as I grow my knowledge.