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21 January 2025 | 59 replies
It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.
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15 January 2025 | 49 replies
This was pretty confusing regarding "Core" Stessa features, BP should probably refer to it as "Essentials" package (free tier).
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12 January 2025 | 3 replies
Essentially you've got 5 platforms (YouTube, TikTok, IG, FB, & X) all providing the same vertical short frame video content.
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21 January 2025 | 2 replies
Picking up flexible part-time jobs to qualify for a mortgage is definitely a smart move, as conventional lenders typically look for consistent W2 income.
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22 January 2025 | 0 replies
Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.
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24 January 2025 | 11 replies
The property is fully paid off, as it was essentially gifted to me.
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27 January 2025 | 4 replies
A typical PPM will cost about $10K.
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23 January 2025 | 1 reply
I wouldn't think it would take a private lender (which is much higher priced) than a typical mortgage broker's rates.Is there a reason you think you need a private lender?
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21 January 2025 | 10 replies
Typically, it’s reasonable to deduct for things like deep cleaning if the place was left pretty dirty.
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8 February 2025 | 20 replies
Typically you would still be required 20% as first time investor for most HMLs and 100% of the Reno.