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3 February 2025 | 4 replies
Build your network by joining local real estate investor meetups or online communities like BiggerPockets.
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28 January 2025 | 9 replies
If you come across a better opportunity here in AZ where if you can take your 1M and turn it in to 1.2-1.3M ( maybe a value add deal) sell the house, take the equity and use it to get a bigger return.
12 January 2025 | 10 replies
I've financed deals using equity from my home and loans from others.
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23 January 2025 | 8 replies
The advice I would give as a lender are these few options if you both are on mortgage.
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29 January 2025 | 3 replies
Depending on the price point, they may already be running targeted ads in cities/metros for buyers that may be looking for a second home/vacation home.
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27 January 2025 | 11 replies
Fortunately lenders are starting to seeing the bigger picture and comp these additions more in-line with multi-family, rather than SFH which it is. 7842 Lasaine Ave, Northridge.
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27 January 2025 | 18 replies
So onto the deal and how to navigate it.
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24 January 2025 | 37 replies
However; none of them are going to be "deals".
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26 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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5 February 2025 | 2 replies
Find a good realtor, close a deal with them and they will give you their contractor contacts.