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25 February 2025 | 3 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.
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15 February 2025 | 17 replies
I am a local realtor and investor and I'd be happy to be a resource to you.
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24 January 2025 | 7 replies
YouTube is also a fantastic resource—it's free and you can learn at your own pace, which is a huge benefit.
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17 February 2025 | 7 replies
Though many investors bend the rules and possibly don't get caught, you have the financial situation to do it correctly.
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25 January 2025 | 17 replies
A lot of tremendous resources on this site.
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11 February 2025 | 4 replies
You'll have to ditch the seller financing and have skin in the game.Freddie also requires that borrowers meet minimum financial strength requirements (IE - liquid assets equal to 9 month's P&I [bare minimum], net worth greater than or equal to loan amount [bare minimum], FICO>=680).
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3 February 2025 | 24 replies
That's how I got my Mortgage company and they've been a great resource.
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5 February 2025 | 2 replies
(i.e. a college student with a huge passion for real estate and financial freedom)
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3 February 2025 | 5 replies
After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental.