Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
There are 85% LTV DSCR loans but expect a higher rate-sometimes 1% higher for the same borrower profile compared to a 80% LTV.
Teslim Salami
Cash Flowing Rental Property
29 January 2025 | 9 replies
Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
i have people in my network who find deals; they get paid if I buy them; i diligence them; and then my PMs manage them.i didn't look at your profile, but do you already own rentals?
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
Todd Douglas
Fix and Flip in Detroit 48213
27 January 2025 | 12 replies
Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!
Fred Scott
Feedback for Sunrise Capital Investors
29 January 2025 | 10 replies
Their plan is to raise rents (on the poor remaining souls, improve infrastructure and exert some sweat equity.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
You'll have to look at the income and expenses to predict whether your cash flow will improve.
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 replies
A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
They will improve, but never "pop."
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
With a recast, my monthly payment could drop, improving cash flow.3.