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12 February 2025 | 10 replies
I have a feeling 2025 is going to be a great year. resp, Isaac Drop me a text and let's connect.
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5 February 2025 | 5 replies
I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?
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29 January 2025 | 12 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.
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30 January 2025 | 4 replies
Feel free to reach out if you have any questions!
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11 February 2025 | 4 replies
Or if your'e living in it would you feel comfortable in that area.
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9 February 2025 | 173 replies
I feel like I've typed enough.
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5 February 2025 | 5 replies
Feel free to reach out, my team has experience lending as well
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19 January 2025 | 2 replies
If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.
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4 February 2025 | 2 replies
But, it still doesn't feel like it's enough.
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31 January 2025 | 44 replies
.: Quote from @Aaron Murphy: you are probably feeling like BRRR doesn't work because you are trying to turn a 600k house into a rental.