Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
30 October 2024 | 15 replies
This route can help generate more cash flow than a traditional rental and offset holding costs, even if occupancy rates fluctuate.Rehab: Use part of your bonus to address those problem areas for a BRRR approach.
Cory Iannacone
BRR"R"RR Method 2.0: Modifying the BRRRR Strategy for Today's Market
25 October 2024 | 2 replies
Waiting 2-3 years for a rate drop ensures that when you do refinance, it doesn’t cripple your cash flow, and you can cash out without significant risk.Why BRR"R"RR Works in 2024 and BeyondThe Interest Rate Environment: The higher rates we’ve been experiencing since 2022 make traditional BRRRR deals difficult.
Tasha Smith
Private Money lender - potential costs/fees?
24 October 2024 | 5 replies
Private money lending often comes with fewer restrictions compared to traditional lending, but there are still a few costs you might incur throughout the process.Private lenders often charge points (1-3% of the loan amount) as an upfront fee.
James McGovern
Are Flippers Still Willing to Pay Buyers Agents Directly?
24 October 2024 | 2 replies
Since buyers traditionally almost never had to pay commission to their buyer agent, the conversation is much easier and familiar for clients to understand when you say "you have to bid more than 5 other people to get this deal if you really want it".
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
I got to 10 units in the first 10 months (not 10 properties though, some were duplexes) with a mix of 1. traditional financing, 2.
Daniel Llauger
Sell property owner to owner (owner finance)
23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).
Michael Kazalas
Fractional Real Estate Investing -- What say you?
23 October 2024 | 13 replies
Still have not figured out the difference between this and a traditional syndication?
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
So much junk at retailers from the Chinese drywall debacle, non UL listed materials, warped lumber.Plus my trucks broken into in parking lot.
Omar Doyle
DSCR Loan insight
21 October 2024 | 9 replies
Traditional lending for investors as well as Non-QM for Investor capital with DSCR options as well as 1st Lien HELOCS for investors.
Cody Anderson
Partial Assumable on Residential Mortgage - Ever Heard of it?
22 October 2024 | 0 replies
Im looking into co-buying SFH and other undivided RE and am curious if anyone's ever heard of a lender doing partial assumable loans (FHA/VA/traditional conforming/etc) for home mortgages?