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27 January 2025 | 4 replies
This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.
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17 February 2025 | 10 replies
I personally own properties in these areas, and they’ve been performing well in terms of cash flow!
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6 February 2025 | 7 replies
I don't have any brand preferences personally (I use Fantasy Spas at most of my units but I'm sure there are alot of reputable options), but just make sure wherever you place it is built to handle that type of weight.
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3 February 2025 | 26 replies
The best part is there is no ownership seasoning period with one of these lenders and they don't report to personal credit.
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30 January 2025 | 13 replies
Personally when buying rentals I tend to buy in neighborhoods that I feel like I wouldn't personally mind living in and when I look for tenants I try to look for people that not only pass my screening but also I personally don't dislike.
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24 January 2025 | 6 replies
It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.
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10 February 2025 | 5 replies
Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.
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10 February 2025 | 21 replies
I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them.
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3 February 2025 | 7 replies
She'd probably be able to put you on the line as a co-borrower.I've done this personally and it's been great for me and my situation!
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31 January 2025 | 26 replies
I let the booking expire and figured it was a troll.I then get another request from the same person about a month later for the same dates.