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22 February 2025 | 83 replies
I have created a discord chat for any current or former LYL VIP members to sync up.
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17 February 2025 | 10 replies
When it was all said and done I still ended up being able to pull about 5 to 10k more out of it than I put into it.Current mortgage including taxes and insurance is $1,519 and it's currently rented for $2,546/month.Yes, you can buy a house at auction that you then flip and sell for market value.And yes, I have participated in online auctions.This reply is over a year old, but did you have the hard money lender you were using already in place before you bid?
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20 February 2025 | 3 replies
There is no ability to set execution date to the future.The 90 day rule starts from the date the current deed was recorded to the date the contract with FHA buyer is signed.
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16 February 2025 | 6 replies
These were financial mistakes we made when we were younger, and unfortunately, they snowballed over time.We currently rent but own a rental property out of state that cash flows $600/month and has about $190,000 in equity.
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20 February 2025 | 32 replies
10% is not going to exist, 15% still does currently, but it will be very hard to make work considering the current environment.
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16 January 2025 | 13 replies
I have a solution that I do myself once a year.Here's one of my best tips: go on Airbnb as a TRAVELER, in Traveler mode.
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13 February 2025 | 5 replies
Do you currently own any rental properties?
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14 February 2025 | 12 replies
If you just take the 13,835 financed at 6% you are adding 83 dollars a month. so a double whammy.Now, lets consider if rates drop to 5.5% in 24 months (not a prediction just a what if) and you could have refinanced at a much lower costs then the above scenario in what you paid in pre-paid and additional interest. on the other hand, if rates for your same scenario after your 5 year payback period is 9, then you will have an asset with a much lower then current market rent.