Kyle Deboer
Raising Down Payment Money
29 January 2025 | 25 replies
In 1-2 years you could save enough to purchase a home to house hack.
Edward Segaar
Private equity lending
16 January 2025 | 1 reply
Not sure if this is the correct place to post this. I have the opportunity to help a family member be part of a joint venture with them putting the down payment down. They aren’t able to get a mortgage themselves so...
Anthony French
Any ideas or information finding funding for a development
24 January 2025 | 6 replies
Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.
Ivan Castanon
I need to change strategies. What should I do?
1 February 2025 | 45 replies
I would say private lending.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Its not tricky, it just takes discipline to save $.
Dylan Fraembs
New Member Looking to Connect!
30 January 2025 | 11 replies
I first got started in real estate investing working for a real estate private equity firm in NYC.
Victor Adekunle
3 Proven Strategies to Help Real Estate Investors Generate More Deals & Maximize ROI
14 January 2025 | 0 replies
Hey GUYSOver the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just as relevant for real estate investors.I’ve been diving into strategies that could help investors streamline their deal flow, attract motivated sellers, and build better relationships with private lenders.
Charles Fay
What to do with savings
2 January 2025 | 8 replies
Quote from @Charles Fay: Hello all, first time posting and wanted to ask for your advice.currently in the military awaiting a 9-12 deployment within the next 6 months.I will have ~150k savings after deployment, 85k before, with no debt, payments or anything other than basic bills, 750+ credit.
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Want to save ALL the interest?