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Results (10,000+)
Daniel Vo Daniel New Member Introduction
24 January 2025 | 16 replies
By the time I retire, I want to have enough rental properties to have financial independence to enjoy my hobbies and enjoy spending time with my family and watch my children grow up.
Felicia Vinces What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Tim Brinsek Analyzing a Deal with Private Money Covering Part of the DP
31 January 2025 | 6 replies
My goal right now is show them a few different options and the financials.
Kwanza P. Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  
Cameron Marro Seeking Renovation Advice for My First Investment Property
3 February 2025 | 15 replies
You are dealing with your first eviction/rehab but if that happens again in 6 months and it takes months to evict will that financially stress you?
Samantha Benz Should I go to BPCON?
3 February 2025 | 11 replies
I'll let others chime in on their experiences, but from a motivational perspective, I think attending live events and getting the "conference high" is something that only happens through in-person connections and being in the same room with investors who are eagerly pursuing their real estate/financial goals. 
Mary Holland Hey everyone! Has anyone here gone through the application process for DSCR loans?
7 February 2025 | 11 replies
They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).
Josh Dickson How to reduce the maximum amount of income tax for a wealthy individual.
11 February 2025 | 12 replies
Also, if you are in a partnership with your brother, it is unlikely that you are going to be able to offset his W2 income if he is just the financial partner.
Kelsey Woodard New to real estate & building a pocket neighborhood!
26 January 2025 | 4 replies
Since this opportunity came up, I've begun to take real estate more seriously as a path to financial freedom.
Joe Ziolkowski Glad to be here!
26 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.