Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.
Jonathan Warner
Im considering private lending
16 December 2024 | 8 replies
Also American association of private lenders is one trade group,Thanks for the response, Chris.
Melissa Faraias
Out of state landlord needing to file an eviction in Bluffton SC
4 January 2025 | 1 reply
Finally I came to my senses and served them a 'Notice to pay rent or vacate by the 10th of January' after which I plan to file an eviction.
Jin Zhang
How long does eviction take in Kansas City?
1 January 2025 | 2 replies
Quote from @Jin Zhang: You initiate the process by filing a 3-day Notice.
Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
Then progress to permits and then building.You could also just do it and hope the city doesn't notice, which they probably won't.Your challenge will be getting Certificates of Compliance on the units!
Benjamin Blunt
How do you find Off-Market Properties?
29 January 2025 | 28 replies
Both are excellent platforms which save people immense amount of work and tme by compiling all the critical data you need in 1 place but there leads are way behind the county recorders/courts/notices i.e the source of most motivated seller leads.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
II wonder if it would stand up in court that they could force you to use their contractual payment requirements on your own Private property.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
If someone was over during a high consumption month I'd give then a notice/warning for the first month along with some energy consumption tips then tack it onto the rent.
Francisco Avancena
Hard or Private Money Lender for Land Flips
18 December 2024 | 2 replies
Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.
Josh Otero
What’s the hardest part of being a property owner?
18 January 2025 | 18 replies
I’ve noticed this a lot being in property management.