Rene Brodowsky
Are there HELOC lenders that understand the Detroit market?
20 November 2024 | 4 replies
Credit unions are often more flexible.
Wei Zhao
House Hacking in appreciate area VS Out of State investment for cashflow to pay rent?
23 November 2024 | 10 replies
Not everyone has that flexibility in life, so if you have the opportunity, grab it!
Frank Thomas
First BRRRR in Charleston
25 November 2024 | 13 replies
Thus, your profit margin is lower (than the all-cash offer), but your ROI is higher.Putting more than 20% down might reduce your monthly payment and debt-to-income ratio, but it also ties up more of your capital, limiting flexibility.
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
The downside is the risk of negative cash flow if the market shifts, but it offers liquidity and flexibility to deploy capital elsewhere.
Elliot Angus
Seller Finance to 1031
21 November 2024 | 3 replies
Or you can just be flexible on closing those properties so he can line up the 1031.
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
The Trustee of the REIT can buy and sell properties within the REIT without triggering a capital gain event to you as the investor, however, this flexibility also allows the operators to potentially add properties to your investment portfolio that may expose you to risks or asset classes you were previously unaware of.There are a couple of sponsors I am aware of that carve individual properties out of the REIT, into a DST, then pull them back into the REIT at a significant mark-up to the DST investor.
David O Smith
Rehab Loans ?
20 November 2024 | 10 replies
Since the property is free and clear, you might consider reaching out to local banks or credit unions, as they often have more flexibility for smaller loans.
Chris Lee
Mixing MTR and STR, and value of having a direct booking website
19 November 2024 | 1 reply
That’ll give you flexibility to automate and integrate workflows as your needs evolve.A direct booking site is a nice-to-have down the line if you want to save on platform fees and build a brand, but starting with platforms like Furnished Finder or VRBO is a solid way to keep things simple while you’re getting started.Good luck—sounds like you’re on the right track!
Stephen Hood
Advice on selling to access equity
20 November 2024 | 6 replies
Rates are typically higher than a traditional cash out refinance, however at least you are not getting the full loan amount + you have the flexibility to draw/tap in the money whenever needed.
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
There's room for flexibility depending on the desired tax strategy.Once you have more than a few properties, you'll want to consider software.