Ricky Reddin
Renovation On A Property
12 January 2025 | 7 replies
my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved as part of the refinancing and they are paid through the loan
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
Pricing in DFW probably means you wont live rent free,and will have to pay your fair share of normal rent, but you also get 3 more people contributing to your loan paydown and you get to keep the appreciation.Buy hey...maybe I'm wrong....go talk to a local bank or credit union near where you live and get a term sheet from them for financing.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
15 January 2025 | 12 replies
the other reason wholesalers wont get licensed is the guru's tell them they don't need it and its legal in very state ( which it is not) and the reasons you don't want a license are as I mentioned the fiduciary laws..
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
17 January 2025 | 7 replies
God forbid the property is destroyed by fire/flood.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
If the tenant hates them and they destroy something, it's a generalized depiction of what they think of all Section 8.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
The judge there is "progressively" destroying rental property by allowing massive delays in evictions.
Richard Billingsley
Investing in LTR
6 January 2025 | 8 replies
Youre doing things that most wont do to get outcomes that most will never have.
Kyle Jenson
New Dentist looking to create a retirement plan for myself thru real estate
2 January 2025 | 14 replies
Divorce is the number one destroyer of wealth.
Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
The lender wont give you anything that says the due on sale clause is not applicable.
Eric Henson
Buying foreclosures with people still in it
1 January 2025 | 3 replies
But generally speaking with the new landlord rules etc I wont fund occupied houses whether at auction or non Auction I want them vacant before we fund them.