Maxnbee Nyabende
Midwest- Vertically Integrated Turnkey Company Recommendations
13 December 2024 | 16 replies
We are looking for companies that OWN and are accountable for the full end-to-end process including purchasing, rehabbing/build, post-close property management.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
Dean Sexton
New to real estate investing. Quick question
15 January 2025 | 3 replies
Washer/dryers are often abused, so there's the initial cost of purchase and the risk of increased repairs.
Bianca Rodrigues
Partial Seller Financing Question
15 January 2025 | 6 replies
I have an opportunity to purchase a mixed use property that seller is open to using partial seller finance.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
On the lease, he'll pay me $100/m over my HELOC payment and all other expenses, including the refi cost, inspections, title work, etc...
Rene Rindik
Purchasing land with intention of using for RV and Boat storage Beginning Steps
2 January 2025 | 2 replies
I am thinking about purchasing land for the intention of using it as a RV & Boat Self Storage.
Ryan Rubel
Short-term rental purchase, north county coastal.
4 January 2025 | 5 replies
I'm considering purchasing a condo or a small SFH in the Oceanside/Carlsbad area as an investment property and renting it out on a short term rental site like AirBNB.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
For this report I used an FHA loan for example, so 3.5% of the purchase price.
Deborah Walgren
Historic Inn Purchase/Reno Help and Questions
20 December 2024 | 2 replies
I have a rare opportunity to purchase a beautiful old historic inn that I've had my eye on for about 15 years that just came on the market.