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17 December 2024 | 9 replies
Hope everyone has a wonderful Holiday Season!
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15 December 2024 | 9 replies
Around October, finished my MBA and told my seasonal job I was coming back this season, I was able to lock in. 4 days a week 3hrs a day resulted in a consistent 500 calls per week give or take.
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17 December 2024 | 16 replies
It feels like DSCR lenders are catering to BRRRR investors more now than ever with short seasoning guidelines, air tight DSCR requirements (1.0), etc.
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13 December 2024 | 8 replies
There are a few folks out there encouraging some seasoning.
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12 December 2024 | 6 replies
@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60 (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR).
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14 December 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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14 December 2024 | 7 replies
An example, a small down payment initially, but the note has now seasoned for 60 months with on time payments documented by a third party servicer.
13 December 2024 | 15 replies
@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.
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13 December 2024 | 3 replies
I have a more educated wallet and that makes me feel real good.Whether you’re a seasoned investor or just starting out, these lessons could change the way someone approaches their next deal.
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17 December 2024 | 4 replies
I'm particularly interested in:Finding Mentors: Connecting with seasoned investors who can offer guidance and insights.Networking with Professionals: Meeting real estate agents, lenders, contractors, and other professionals who can contribute to successful deals.Exploring Joint Venture Opportunities: Collaborating with other investors on potential projects.Learning About Local Market Trends: Gaining a deeper understanding of the real estate dynamics in these areas.I'm open to attending local real estate meetups or cash flow groups.