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16 January 2025 | 78 replies
But I can't recommend something I would not do as an investor myself, so here it goes:1.)
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3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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4 February 2025 | 2 replies
Quote from @Mack Tesfa: Looking on recommendation for insurance provider for multifamily in Texas, Hidalgo county ,any experiencethank you sent a DM if you'd like assistance
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20 January 2025 | 62 replies
We do not require you to use our affiliate title companies but we do recommend certain title companies for faster closings.
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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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29 January 2025 | 20 replies
I would recommend that you analyze the operating side of the business and the capital side of the business separately.On the operating side, you can use AirDNA to predict the potential income which is gross revenue.
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29 January 2025 | 6 replies
Hey @Kevin Connauton, I recommend reaching out to @Matt Solis when you get a chance.
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30 January 2025 | 47 replies
If you want to violate them thats your call. but since your asking sounds like you want to follow the laws which I support and would recommend.
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30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
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18 January 2025 | 21 replies
I do not recommend someone who has never owned real estate to do a fix and flip as real estate is challenging and cost prohibitive, I recommend if never owning real estate to start with an asset that does not need major repairs.