Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
I know there are differing opinions on what number they should get a PMC, I think it depends on how much work you want to do and how much time and effort you want to put into it.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Account Closed
Non QM lending
9 January 2025 | 7 replies
We see DSCRs coming in at or under conventional, but it does depend on LTV etc etc.
Bethany Merlucci
Help this newbie investor to decide if this is a good first property
10 January 2025 | 4 replies
It all really depends on your appetite for risk.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
This depends on the details.
Jason Dubon
Small Multifamily - Maintenance/Expense Project
5 January 2025 | 7 replies
It varies a lot and depends on the vintage of the property and your tenant base.
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
It will probably depend on your experience and connections with lenders.
Blake McWilliams
Raising Private Capital. Tips and Tricks
5 January 2025 | 4 replies
It all depends on the walls you are hitting.