Mindy Perry
property management software and 1099 K
31 January 2025 | 7 replies
Hi everyone, just wondering what your experiences are on receiving 1099k form from using a property management software to receive online rent payment.
David Young
Questions From a first time Investor
29 January 2025 | 12 replies
I like the idea of using a HELOC for value add projects where you can refi in 12 months to pay back your HELOC.
Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
That person is responsible for anyone one else that comes into contact with your property.I suggest using a service like Mayistay.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
You can open a Self-Directed IRA and use the IRA funds to buy a house using a Non-recourse loan.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 2 replies
This would also be where an appraisal would be ordered in a traditional sale, but if using a hard money Lender, they have probably already evaluated the value before offering you terms.5.
Arch Stanton
Thoughts on turnkey 5.5% cap with little cashflow with 70% LTV, Little Rock AR
13 January 2025 | 2 replies
Investing OOS for the first time, and using a TK provider for the first time.I understand I'll be paying (significantly) more for a TK provider home.
Llamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
If you're considering starting with a duplex using a VA loan, that's a great strategy, especially for house hacking.
Shayan Sameer
Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
I’ve done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.I’m currently looking at a couple more properties and trying to decide if I should go with an HML again or explore other financing options.