Yet, through the magic of social media marketing, they imply it's so easy to do every time.It's like paying someone for advice on "winning lottery numbers" just because they once won a scratch-off prize.DM us if you'd like to discuss the reality of using S8:)

I already have one traditional LTR with a traditionally-qualified tenant.

For traditional loans that rely on personal income and DTI (Conv, govt), there is no requirement that the properties be profitable.

A HYSA is a type of savings account that offers higher interest compared to traditional savings accounts!

For a traditional Heloc at most small banks/CU's, the rate will be variable and will be WSJ Prime + a spread that represents the borrower's credit risk.

     * House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

Obviously this is California spec building and not the traditional RE stuff I come to this website to read about :)I should not have said same as main house.

Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.

We syndicated 75%, plus costs of the purchase price and financed the balance with a traditional loan.We shopped around for weeks to find the perfect loan with the best rates and terms.

We are a team of five employees, and our work involves renting land for a number of years, designing and developing buildings, and managing them—including renting and maintenance.It’s an exciting yet challenging new chapter in my professional journey, and I’m eager to learn and grow alongside all of you.One of my key goals is to modernize our company’s workflow, which is currently reliant on traditional pen-and-paper methods.