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Results (8,040+)
Jamie Nacht Balancing Cash Flow and Appreciation
5 September 2018 | 30 replies
I also have always set up those investments so that I am both rewarded (at least moderately) for holding the investments  and considerably protected in the event the market undergoes turbulence.
Elizabeth D. Vent! Why is real estate investing so shady!?!?
16 March 2018 | 78 replies
It is like a group for alcoholics.
Michael H. Are you prepping for the crash?
16 October 2018 | 152 replies
Make sure you can still service the debt if rents drop or you experience moderate vacancy.   
Isaac Pyle Borrowing money from parents to get started?
31 March 2019 | 82 replies
I don't think it's a bad thing at all, and as you know, 98% of college kids our age are concerned with fortnite and alcohol at this time.
Meryl McElwain Ask me anything about...Construction.
11 January 2022 | 115 replies
Considering our projects to be moderate to full gut rehabs, is it best to network further with subcontractors or depend on our GC to provide subs for all aspects of work to be completed?
Account Closed Where to start? Seems impossible to break in to this
18 February 2020 | 76 replies
To get ahead, we're going to have to work overtime and give up sleep, time with family, alcohol etc. 
Austin Nguyen Is Montgomery County in TX a good investing area?
7 October 2023 | 30 replies
Houses off Rayford are moderately priced and sized, but you have to watch for flooded areas.
Aaron Wadsworth Asking for critique, suggestions and advice on 3 potential plans
30 June 2022 | 17 replies
Similarly, unlike substituting international reports for FICO or using 'Non-Traditional Credit Reports' (NTCR) it's highly unlikely that any bank would consider ATO tax records for a conventional loan, given both that it's another country and the job/business has since been left in order to migrate. c) If possible after one year, refinance to a more generic loan in order to buy a new FHA fourplex using whatever savings have been gained in the preceding months through cash-flow and W-2 income.PROS:*Highest leverage of all paths available;*Largest safety net of cash-in-bank, and;*Increased turnaround for new projects.CONS:*Employment verification, credit history, and IRS records non-existent - multiple positive judgement calls from lender needed;*Delays before scaling allows full-time REI;*Maximum limits to property units and value - 4 units and ~$809,000 for a fourplex (2.v)2.i - List of some Maine lenders, with whether they offer FHA (https://mainehousing.org/progr...)2.ii - Information regarding how to get a no-credit-score mortgage (https://www.lendingtree.com/ho...)2.iii - FHA loan without a credit history (https://www.fha.com/fha_articl...)2.iv - FHA loan requirements + No income minimums (https://time.com/nextadvisor/m...)2.v - FHA loan value limits by unit size for Maine (https://www.lendingtree.com/ho...)3 - A quick start at a moderate scale (DSCR or private) This is my current focus of research as at 25/06/22 and any contributions, suggestions, critiques, or references are worth their weight in gold to me.a) Find ten wholesalers who are focused on or who happen to find Maine multi-families, with a view of analyzing each <16 unit building that gets mailed to me. (2/10)b) Find twenty lenders operating nation wide or in Maine who offer Debt Service Coverage Ratio (DSCR) loans or private money. (3/20)c) Purchase one <16 unit multifamily with whichever available credit type is most appropriate (3.i) - either moving to the address on closing or renting something cheap in-town depending on whether or not the lender allows owner occupation.d) Move to full-time REI, or part time if cash flow does not support growth.e) Exit plan would depend on cash flow, regional trends, and the characteristics of the loan and future financial market and cannot yet be assessed properly.
Marissa Myers Vacation rental: best amenities - offer use of a car?
5 December 2021 | 38 replies
I would stay away from providing alcohol or encouraging drinking alcohol.
Manmit Singh Stuck with Lead affected property
5 September 2015 | 33 replies
But that's because the big stuff has been done and the only real issue will probably be peeling paint or missing siding (low or moderate risk hazards).