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30 January 2017 | 5 replies
It is the greater of either 1% of the outstanding balance or the reported monthly payment on the borrower's credit report.So, deferring student loans to be able to get an FHA loan will no longer happen.What you can do is go in with a co-borrower/partner/parent that will increase your borrowing power.
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30 January 2017 | 1 reply
We are talking to a realtor, but before we list it, I thought I'd reach out to investors directly.I'm contacting a few people locally, but haven't tried to sell a property of this magnitude before.Can anyone give me any tips to reach investors with the buying power for apartment complexes.Thanks!
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31 January 2017 | 6 replies
This is a powerful tactic that helps to significantly accelerate the speed at which one can grow a portfolio.In 2012 I purchased my first MF investment property in the Lower Greenville neighborhood of Dallas, TX.
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10 February 2017 | 37 replies
There must be specific "power of sale" language in the Deed of trust, which allows you to conduct non judicial foreclosures.
10 February 2017 | 5 replies
(Not contrary to his power but contrary to his legal authority, there is a difference)Of course there are two sides to every story.
3 March 2017 | 16 replies
@Barry Allen, in addition to what others have said here, I'd like to add that saving money at your age is *very* powerful.
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11 February 2017 | 25 replies
Sweat equity is incredibly powerful.
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8 March 2017 | 8 replies
(PS: they will all have to work together, at some point - better for you if they are used to 'playing well together' in this, as well).Don't make this complicated - just make it complete - start talking to one professional and keep asking until you find the one with whom you are comfortable, then ask them for their recommendations fro the others you will need for the full, legal, and financial foundation of your power team.Foundation laid - build the house!
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10 May 2017 | 41 replies
Leverage is a great tool to increase returns if you respect its power to juice returns (and losses) and know how to use it.