Conte Cuttino
Leave 100k and rent or Flip for 30k
9 January 2025 | 10 replies
You want access to equity but you also want access to the full profits without safrificing it to expenses to expand your business.
Dean Kenny
Best Option to Start Investing
22 January 2025 | 4 replies
Some custodians may offer access to platforms with investment opportunities, as well.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
Mario Morales
"Multi-family" agents-how to pick one's
17 January 2025 | 6 replies
The good ones will have access to off-market deals.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I would have thought as a mod, you'd have access to that information. ?
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
You can access the starter plan here.
Lauren Frazer
2025 shift from Sales to Investment!
24 January 2025 | 4 replies
Could help you save some serious $$ if buying and selling there and can also get you access to their MLS systems.
Tanner King
Where to collect data?
10 January 2025 | 4 replies
Average rental rates, vacancies, competition, growth, appreciation, etc..Ive heard of scrolling through Zillow and collecting information by looking at properties for sale/rent but was wondering if there is a site where all of this information is easily accessible or any ideas for better ways to go about it.Thanks in advance!
Dillon Clark
Some questions about future investment
29 January 2025 | 4 replies
I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.