Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
They'll fight tooth & nail in court to keep a full accounting hidden, even to the point of claiming protected work related.
Greg Weber
Has anyone done business with this company or person
19 December 2024 | 37 replies
what kind of investment was/is this a little more detail may protect others if you think this person is a financial predator.
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
However, since you’re switching to a commercial loan, this may not apply—check with your lender for specifics.Be aware of closing costs and potential prepayment penalties tied to your FHA loan.
Armando Carrera
Should I be protecting my investments?
4 December 2024 | 4 replies
And what kind of protection are you referring to?
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
I have several clients who live overseas and when these guidelines were updated, we had to switch their financing strategies quite a bit.
Jeremy Jareckyj
Mid Term Rental Agreement
29 December 2024 | 15 replies
While state specific leases are simple and can work, spending the extra investment and having a real estate attorney help create one for you will likely create more value/protections and save you money in the long run
Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
I only ask because the main purpose of an LLC is legal protection, and if you don't have a large amount of assets to protect, say less than $1M...you may be putting the cart before the house, and it may make more sense for you to focus more on finding and closing more deals.
Anton Tikhomirov
Binghamton NY — what’s the catch?
13 December 2024 | 7 replies
Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Even then, if you simply switched your mortgage payment from a monthly payment increased by $300 to a bi-weekly or accelerated bi-weekly payment increased by $150, you would always come out ahead of your lump-sum approach even if you paid your first lump-sum at the beginning of the mortgage.