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24 April 2024 | 42 replies
I’m currently working on trying to pay down/off some of my existing mortgages as opposed to just continuing to leverage more debt.
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20 April 2024 | 4 replies
The rates for our loans for investors including DSCR loans, Fix-n-Flip Loans, and Ground-Up Spec Construction (as well as the rates for consumer Conventional, FHA, VA, and USDA rates) are driven by Treasury Rates as opposed to the Fed Funds rate, but there is a loose connection.
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21 April 2024 | 47 replies
People talk about "scaling" right now, I'd argue scaling is going to be more of a reference to the value of your properties in your portfolio as opposed to the amount of properties in your portfolio.
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18 April 2024 | 7 replies
This is a wayyyyyy heavy appreciation market as opposed to cash flow.
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19 April 2024 | 9 replies
Meaning, the lender will usually determine the average tax % for the area after improvements have been made and they'll use this amount to determine your debt ratio as opposed to the original/artificially low taxes that are assessed on the raw land.
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18 April 2024 | 16 replies
The only method that really comes to mind is BRRRR, which I am not opposed to, but would prefer something a little simpler for a first time deal.Similarly, I'm making an assumption that it might be possible to use a combination of HELOC and DSCR loans on something a bit more turnkey for the initial purchase and then refi into conventional after a year or two rental income?
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18 April 2024 | 16 replies
Usually a plaintiffs attorney recognizes this and will seek out a negligence claim as opposed to a gross negligence claim (even if the fact pattern supports such a claim).
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18 April 2024 | 8 replies
You could use that equity to buy way more proprety that spit out cash flow as opposed to a single family which is purely an equity play.
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17 April 2024 | 3 replies
This is concerning syndications, and specifically directed to those that are truly open to making syndication investments (if you are adamantly opposed to syndications, I respectfully ask that do not reply, as much as I generally respect your opinions on if syndications are good or bad).I just returned from the Best Ever Conference.
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17 April 2024 | 21 replies
Unless you plan to retire and do a cash-out refi and then live off the loan as opposed to income.