Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor.
Cameron Fowler
First Flip Financing / Low Cash
30 January 2025 | 6 replies
Financing Your First Flip with Low CashHard Money Loans (HML): Covers most costs but requires 10-20% down, with 10-12% interest.
Anil Shah
Using Agent Commission towards down payment for my own Investment Property
24 January 2025 | 10 replies
Also, as long as the house appraises, taking broker commission and using it against down payment and closing costs means lower cash requirements for me which increases my CoC returns.
Kevin Waymire
Asset Management Help!
24 January 2025 | 6 replies
Additionally, we have developed templates for tracking key metrics that we require our PMs to fill out weekly.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
Quote from @Jordan Kaylor: What is a “seasoning requirement”?
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
I am sorry that the storm that passed through just prior to your stay required emergency roof repairs.
Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.
Robert Pickett
How to roll over 1031 exchange funds
29 January 2025 | 5 replies
You’ll have 45 days from your sale to identify them and you’ll have to buy enough of them, and only them, within 180 days of your sale to meet your 1.1M requirement, or face taxes.