Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially?
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
20 December 2024 | 20 replies
I signed up for something on Ron LeGrand's web-site (the free access portion).
Andy S.
Yearly Gross Income Requirement for Rental Application in New Jersey
31 December 2024 | 3 replies
You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
. #922-2, pp. 86–95) (noting that upwards of 90% of transactions on the Subject MLS offer buyer agent commissions of exactly 3% during the class period, with the exception of the MARIS MLS consistently offering 2.7%)....Although it is true that a nominal commission of $1 would satisfy Section 2-G-1 and Defendants agree such nominal commission is mandated, Plaintiffs have produced evidence that no transaction within the Subject MLS took place using a nominal commission.
Nate McCarthy
Investing in Sacramento - Lots of questions!
6 January 2025 | 3 replies
I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Our agents want to work with us because they see the value of being part of a high-producing renovation company.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class.
Pankaj Malik
Tenant threatening to sue and wants to extort money
17 January 2025 | 20 replies
Do not do anything that does not produce income.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Since then, my cabins have tripled in value - worth easily $800K or more, and have produced $696,XXX in rents.