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4 February 2025 | 6 replies
Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.
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4 February 2025 | 7 replies
This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.
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7 February 2025 | 7 replies
If you use the extra $100k of cash you receive to just...live on, buy a jetski, take a trip to Disney, (any personal use) the interest for that portion of the loan will not be deductible.
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13 February 2025 | 22 replies
If you're living in an A area and cannot afford an A area property (hard to find anyway these days) and you need to drive a while to even get to an area you are interested in, door knocking is not for you.BUDGET: can you afford to do 1000 postcard mailings a month for 6 months straight?
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7 February 2025 | 6 replies
I'm assuming traveling nurses don't know many people in the area and would know someone to live with.
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14 February 2025 | 37 replies
I call them Micro hotels/co-op living—12-bedroom duplexes with 12 baths and two standard common living room kitchen spaces.
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23 February 2025 | 5 replies
Recently I bought a home as I am bringing my parent to live with us we just need a more space.
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23 February 2025 | 7 replies
I live in palm coast... let me know when you're in town.Tyson
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21 February 2025 | 27 replies
Many DSCR programs require an investor to have a mortgage history- there are some DSCR mortgage programs that will work with investors who are renting- some refer to them as first time home buyers (FTHBs)- DSCR loans are only for investment properties where the owner isn't living there.
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16 February 2025 | 7 replies
I'll have my brother be the PM since he lives nearby.