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23 January 2025 | 5 replies
I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.
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22 January 2025 | 2 replies
So they would have to have the cash for the downpayment to begin with.)If they get 5 individual loans this is EZ Peasey.
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22 February 2025 | 17 replies
They used lendsmart to track individual loans granularly.
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3 February 2025 | 12 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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25 January 2025 | 4 replies
I've looked into the one-stop shop tools, but none are quite as good as these individual tools yet in my opinion.
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4 February 2025 | 87 replies
Most individuals can originate the debt these projects require as well so its not as if your signature is opening the doors to properties these partners couldn't purchase on their own either.
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27 January 2025 | 14 replies
What may the property be worth then and how much cashflow might it be generating?
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10 February 2025 | 62 replies
You are not going to be able to generate significant income on vanilla, long-term rentals without a significant amount of capital invested.
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22 January 2025 | 1 reply
Thanks all looking forward to growing some generational wealth.