Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
However, many DSCR lenders have a minimum loan amount of $100K, which can make it challenging for investors to secure financing for lower-priced properties.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Typically needs 20% down, but offers lower rates and you can ditch the PMI (private mortgage insurance) once you reach 20% equity.
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Lower Repair CostsHiring licensed contractors for minor fixes can be costly.
Jenna Schulze
Investing in Findlay
10 January 2025 | 1 reply
Findlay is a real oppotunity beause you’ve got a combination of stable job sources, a decent population size, and often lower acquisition costs compared to bigger metros.About choosing an agent..
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
With rates in constant flux, you might have opportunities to lock in lower ones.
Daniel Borgenicht
Condo as LTR investment for out of state owner
9 January 2025 | 3 replies
For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general.
Joe Gellenbeck
New to Investing - Excited to Get Started!
21 January 2025 | 18 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jaedon Stout
Looking for Real Estate Investment Strategies Using Funding
13 January 2025 | 5 replies
The problem with using credit card funding is it destroys your DTI and thus lowers your credit score.
Eli Edwards
Help finding active wholesalers
16 January 2025 | 8 replies
Use negotiation to lower the price from the “no go” asking price to a “go” lowerpurchase price.