Davian M.
Investor Friendly Lenders: Looking for a Cash-out Refi in South Carolina
19 September 2024 | 13 replies
Greetings, I’m reaching out to the community to find investor-friendly lenders for a cash-out refi on two properties.
Michael Plaks
The so-called "STR loophole" - hype or real?
23 September 2024 | 19 replies
If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.
Jennifer Wood
Best Way to Fund Reserves
22 September 2024 | 8 replies
Plus 90% of repairs can be put on a credit card.
Khaled Seirafi
Reasonable Agent Commission
20 September 2024 | 7 replies
Will they find the property send you a contact and then a thank you card or will they provide resources for tenant improvements, get tenants, stabilize the units, plan for the exit etc...
Samuel Pierre
Real Estate Debacle
18 September 2024 | 3 replies
Greetings, I purchased a property back in 2022 for myself but with hopes of rehabbing and renting it out.
Andrina Maximin
Has anyone used a DSCR Loan, what are your experiences with loan product?
18 September 2024 | 15 replies
There are a lot of assets in Columbus that are basically turn key properties, and even if you have some minor renovations (5k-10K)I would recommend trying to go after an interest-free credit card AFTER you are approved and close for your loan.
Katie Williams
Tired of Innago …
19 September 2024 | 18 replies
We make money from value add features and services: credit card fees (ACH is 100% free), credit reporting for tenants, insurance policies (both renter’s insurance and landlord), our lease creation and e-sign feature.
Kendall Bryant
Buying A House in Pre-Foreclosure
18 September 2024 | 3 replies
Play the 'friend in common' card if possible.Regarding seller financing, I don't see this being a viable option since they are in default on their current loan.If funding could be an issue for you, take a step back and work on that first.
Jay Ben
For the syndicators - has anyone ever raised their skin in the game for a deal?
19 September 2024 | 5 replies
I am sure there are people that have taken cash advances from their credit card to fund the "equity" in their syndication.Also, there is no requirement for skin in the game.