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27 January 2025 | 3 replies
I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.
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26 January 2025 | 54 replies
I have 25 others that I have read and are valuable.
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3 February 2025 | 3 replies
In addition to offering "cash for keys" assure them that they can use you as a referral on their next tenant application, or offer them a short term-2 month lease.
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3 February 2025 | 4 replies
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
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7 February 2025 | 6 replies
In addition to just posting your property on furnished finder, they were reaching out and building connections with hospital HR departments and recruiters to help place nurses in properties.
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17 January 2025 | 0 replies
My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?
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27 January 2025 | 7 replies
I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require PMI which is an additional expense, and you also need bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.
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2 February 2025 | 10 replies
In addition I heard that is better having one LLC for each property and one for management only.
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27 January 2025 | 8 replies
I pull permits for removal of load bearing walls, addition of bathrooms or bedrooms, addition of footage.
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20 February 2025 | 20 replies
Very communicative, hands on, and thorough with their property management.As some additional context, I own a few rentals in different markets and Michele's team is top notch compared to them.