Michell Chase
Can I refinance my personal conventional mortgage into a DSCR owned by my LLC?
16 October 2024 | 6 replies
This can be beneficial for a few reasons:Separation of Personal and Business Assets: Moving the property under your LLC’s umbrella through a DSCR loan will allow you to separate your personal liabilities from your business assets, which is crucial as your portfolio grows.
Ken Primrose
Best strategies for converting equity into cashflow
16 October 2024 | 2 replies
I would be equally as cautious, if not more, of using any equity based LOC as a means to privately lend to flippers.
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
17 October 2024 | 1 reply
The more leverage (debt) that is applied to a property or deal, the more cost savings you will get up front relative to the equity you put in.Let's say you buy a $10 MM dollar deal that has $3 MM of year one depreciation.If you used $7m of bank debt and only $3m of equity, your year 1 deduction will equal the amount of money you put into the deal!
Terrance Jackson
Potential 1st house hack duplex
15 October 2024 | 10 replies
When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
And yes, you are right, when things fall it all falls at once making 1+1+1 equal 5 in the down direction.You keep bringing the shortage up, but you miss two points.
Jonathan Feliciano
What's it like having a business partner?
16 October 2024 | 14 replies
Others meet at events, RE meetups, or even through social media—whatever feels most natural.3️⃣ Vetting: Vetting is crucial.
Vinay Sanapala
Ready to Dive into Section 8
16 October 2024 | 13 replies
., inspections, tenant management).Analyzing Deals: With Section 8 properties, it's crucial to understand that Fair Market Rents (FMRs) aren't guaranteed, and neither are rents overall.
Sandra Feurtado
Out of State Investing
14 October 2024 | 19 replies
Its crucial to know your community and understand what you are investing in.
Toby Mims
Property Mngmt gone wild
17 October 2024 | 12 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
@Patrick GoswitzThere is a crucial aspect known as specifications.