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8 January 2025 | 5 replies
I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.
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15 January 2025 | 11 replies
No I paid for the renovation with my own funds.
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17 January 2025 | 7 replies
If you're going to reinvest the proceeds you might want to consider a 1031 exchange or a cash out refi to generate the investment funds you desire for your next project.
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31 January 2025 | 29 replies
I will take that over 200.00 a month positive cash flow :) All the while running my Capital Partner business and funding over 120 deals a year for my hand picked clients. lThat's a nice combination.
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9 January 2025 | 1 reply
Being a broker myself, I can attest to the incredible value you can bring to clients by understanding not only the brokering side of things, but the application of those funds.
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6 January 2025 | 11 replies
@Michael Klinger As others posted, SoFi and Discover personal loans are good options and I've used them in the past. 2-3 business days from application to funds in my checking account.
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11 January 2025 | 67 replies
This can not be said about many 100k properties.Turnkey providers made sense IMO back in 2010-2015 when it was easy to find deals, but hard to get funding, so you'd sell the ones you could not get funding for.
7 January 2025 | 1 reply
Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.
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21 January 2025 | 11 replies
Again, treating folks with housing support funds with the same dignity and respect as everyone else, usually nets quality clients that listen and do their best to follow the rules.
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2 January 2025 | 14 replies
Contributing to a Solo 401(k) or SEP-IRA can reduce taxable income, and Section 179 or bonus depreciation lets you deduct equipment costs upfront.