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11 February 2025 | 4 replies
HUD loans will take drastically longer (I've never used one personally), but there can be benefits to using these loans if you're a long-term owner.The interest rates in your Key Considerations seem very low for agency loans and they're definitely low for bridge loans.
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10 February 2025 | 10 replies
@Dan ShuderRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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25 January 2025 | 18 replies
.- We can better control what's on our master key system- EVERY lock at a property is opened with one key (well, maybe not the garage car-door)!
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11 February 2025 | 167 replies
Sourcing of funds is 100% required, every time.
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3 February 2025 | 2 replies
Are there key adjustments I should consider when applying these strategies in today’s market?
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21 January 2025 | 74 replies
The first 4 are real magazines but do not feature his name or any of the important key terms in any of their articles.
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3 February 2025 | 15 replies
And of course, getting financing squared away is key so you know your price range, which will help narrow down locations and strategies.
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14 February 2025 | 4 replies
Here is how some steps are categorized.Performing Loan30 day lates90 day latesAssignmentNotice of Default VA loanNotice of Default FHA loanNotice of Default Conventional loanNotice of Trustee's Sale/Notice of ForeclosureLis PendensContinuation/PostponementLoan ModificationReinstatementBankruptcyAuctionReal Estate OwnedThere other possible steps, but these are what you will typically see.The key is to know what you can do in each of the steps in the state the property is in.Then you need to know what to avoid and what the options are for the owner and options available to the lender.
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31 January 2025 | 2 replies
We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!
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11 February 2025 | 12 replies
I thought there was a chance that one could use real estate to directly lower their main source of taxable income (such as a w2).