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18 February 2025 | 4 replies
This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.
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24 February 2025 | 9 replies
If you aren't keeping up with the day to day activities in the proper manner I would start there.
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2 March 2025 | 17 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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24 February 2025 | 49 replies
They will promise upgraded furniture or extras to keep your money.
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2 March 2025 | 4 replies
Also, is mentorship worth it, or should I just keep networking and learning on my own?
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29 January 2025 | 31 replies
Then can decide for whatever reason not to fund the loan and keep that engagement fee.
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24 February 2025 | 37 replies
So buy the best condition you can find and try to keep the 10k in reserves.I will warn you against partnering.
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24 February 2025 | 20 replies
@Austin Williams yes you can do a 100% cash out refi on your existing home with a VA loan, but keep in mind that you would need to finance it as a primary residence, which resets the 1 year clock that you need to occupy the property.
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24 February 2025 | 72 replies
Should I keep my listing on there?