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15 February 2025 | 7 replies
With your first investment, you want to try and minimize risk as much as possible.
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19 February 2025 | 6 replies
Quote from @Don Bessette: First, you need to realize this is a business relationship.
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13 February 2025 | 2 replies
Quote from @Cooper Meurer: Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)Reasoning for this:- I currently have around 120k in equity in my residence and I have a 4.75% interest rate.
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16 February 2025 | 4 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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19 February 2025 | 17 replies
I would say C- and below you have to give on that more, but I would try to keep it at C on automatic.
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12 February 2025 | 5 replies
Quote from @Mason Jacobs: @Marios Andrianos Im a private lender and would refi you as long as you had a LLC and a few other small things, if you are investing in the United States are you trying to use a bank in Greece for the US property?
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16 February 2025 | 20 replies
I'm still trying to understand your thoughts around putting money in escrow.
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14 February 2025 | 17 replies
@Cody Lewis one strategy you can try is a discount for longer stays (ie 10% off for 5 nights or more; 15% off 7 nights or more).
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22 February 2025 | 1 reply
Originally it was going to be a flip as the rehab will be super light and I thought it would make a great first attempt at fix and flip.It is $329,000 and after just paint and a few cosmetic touches (no more than $10,000 total), I was going to list it at $400,000 with confirmation from my realtor that things are moving quickly in this price point.
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11 February 2025 | 20 replies
They are also based in the US so this is a good option for many.