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4 July 2024 | 1 reply
Unlike my current active stratagy on my 19 SFH, I will not be able to recoup the renovation cost back out of the property value by having an 80% Loan to value pulled on the back end because the buy price is just not good enough.
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4 July 2024 | 14 replies
Just your basic 20% down get a loan, etc.I know there are 84 other variables that come into play in making the decision.Does the think tank here have any general pieces of advice?
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1 July 2024 | 1 reply
This allows you to generate passive income through rental payments.Financing Additional Properties: Use your equity to secure financing (like a home equity loan or line of credit) to purchase additional rental properties.
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2 July 2024 | 2 replies
Have you over or under improved the property based on the comps and immediate area?
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1 July 2024 | 4 replies
The line will be over $500k so most banks process it similar to a regular home loan.
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30 June 2024 | 4 replies
Hi BR Community,I just closed on a duplex property using a DSCR loan with a 8.625% in Cleveland, OH.
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3 July 2024 | 14 replies
They pay me good monthly cash flow and are paying off my mortgages, and I do them a solid once in a while and let them improve my homes the way they want.
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6 July 2024 | 24 replies
Their priority is to get their car loan and cell phone bill paid..or else!
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3 July 2024 | 7 replies
I'm wondering if it would be an option in my situation to do a blanket loan for scaling.
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3 July 2024 | 3 replies
Quick question.. if I just incorporated, on what basis would I apply for a loan on?