Jordyn Ohs
How much is to much leverage?
16 January 2025 | 6 replies
@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
I'm feeling most drawn to a buy and hold rental investing strategy and like the idea of the BRRRR strategy in tandem with VA loans, basically refinancing VA loan backed mortgages to conventional loans once there is 20% equity in the home.
Treza Edwards
New Construction Decatur, AL
14 January 2025 | 3 replies
Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
A lot of land is sold on owner terms..
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.
Sara Holt
First timer getting creative??
12 January 2025 | 1 reply
Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property.
Sam Chicquen
Creative Financing & Seller Financing?
28 January 2025 | 15 replies
Like I mentioned to Eliott, I'm very young and I can't get a loan.
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
For "Foreign Borrowers" your loans are very limited.