My understanding is that if you’re looking to refinance a fixed 15- or 30-year loan, it’s generally recommended to wait at least six months before doing so.

Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.

We both knew we were aligned in our goals and had a clear understanding of our respective roles in the deal from the outset.If seller financing is part of the equation, look for someone who’s not only experienced with creative financing but also understands how to manage the potential risks involved.

Its comical how few people understand how luck in a particular economic cycle plays into their successes. 

That pragmatism will help you mitigate risks as you understand the different components of managing rentals   

A slightly higher upfront cost in a better area will likely yield better tenants and less hassle over time.Investing in McKinney is a great decision, but working with someone local who understands the nuances of the DFW market can help you identify the best opportunities.

It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.

I found it very unlikely that the government would not want to get their piece of the pie, especially if they had purchased a new primary home.Donyou have a Tax Code or Publication Number you can share so I can study up and understand your thought process more in depth?

@Andrew Slezak I'm working through the Sec8 process for the first time so take this with a grain of salt, but my understanding is they will pay the lesser of the following two prices:1) the market rent of your property, determined by comps, and2) the FMR minus any utilities you don't include.

I understand it is linked to a bank but was having trouble discerning how it imports outside transactions not from the partner bank.