Dwayne Rowe
Accessing equity from multiple properties
31 December 2024 | 11 replies
@Dwayne RoweWe did a consolidation loan through a commercial banker (basically a multi-property DSCR loan) where we took out one loan that paid off 5 higher interest rate properties, and took out cash as well at the same time.
Serena Lemmons
Networking in Sacramento Area
25 December 2024 | 2 replies
I have not been able to find any in person networking events in my area doing a basic internet search.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
But basically with a construction loan you will need to have considerable cash involved - most costs need to be paid for and then the bank will reimburse at certain checkpoints.You may want to start with some smaller value adds inside the existing house to maximize rent from the house hack.
Desiree Board
Advice for a new long term rental investor
23 January 2025 | 26 replies
Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
A little secret is that Property Management companies come in two basic varieties.
Katharine Chartrand
Someone bought the right of redemption.
19 December 2024 | 8 replies
If the court does not approve the sale the redemption rights are moot and the buyer of the rights wasted their time and money.Highly unlikely that the investor who bought the rights wants the house...
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Basically a pre-nup agreement.
Abriauna Garcia
Advice for a first time home buyer
27 December 2024 | 3 replies
It will familiarize you with the basic terminology and benefits.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
The benefit of old homes imo is that I go in and redo all of the systems and have basically a brand new house that I know was done right bc I oversaw everything.Most new homes are built with cheaper materials than the homes built in 1900.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
What's the risk or cost to you if you face an eviction or a bad tenant because you used basic screening techniques?