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Results (10,000+)
Yushengji Zhou First time investor
16 April 2024 | 11 replies
Here's why I ask... if you're a first time buyer you'll face a difficult challenge satisfying lender guidelines. 
Farooq K. Triplex as STR?
15 April 2024 | 5 replies
You would need to consult with a (local) lender to see what is available to you for that property, but I am assuming 20-30%.You would likely have 2 options with that property - 3 2 bedroom unit listings, or 1 6 bedroom listing. 
Vinny Incognoli Need help moving beyond my first property
15 April 2024 | 5 replies
Vinny - I would say that if you're next deal will be a BRRRR you have a couple options for finding the funding, including: 1) Taking a HELOC on your primary house assuming that when you refinance you'll payoff the HELOC, 2) You can also use a loan from someone else like a private lender (friends/family) in which you pay them 10-12% for the use of their funds, OR, 3) You can use a hard money lender in which the rates are a bit higher and there will be some points added as well.
Michael Dallas 1st private money deal
15 April 2024 | 6 replies
I am in talks with a private money lender right now who is killing it as an agent and doing flips.
Brian Kilpatrick Primary Residence turned into first rental...Now what?
16 April 2024 | 8 replies
Would you recommend letting the mortgage lender know the LLC will be paying or is it safe most of the time to not say anything and just start paying from the LLC?
Alex Bogue example of Wholesaling with mortgage
15 April 2024 | 1 reply
Many folks these days are opting not to work on Subto's as that strategy has become commoditized and marketed by big industry gurus which now in turn has led to the lenders taking notice and starting to call the notes due, since a subto scenario is a technical default, unless there was a formal assumption done. 
Ara Jo Where to invest in San Antonio?
16 April 2024 | 27 replies
Also, are there any recommendations for investor friendly Real Estate Agents, Lenders, and Property Managers in the San Antonio areas?
Jessica Perez Velazquez Should I sell my first home or rent it?
16 April 2024 | 12 replies
This won't allow you to access much (roughly $30-45K depending on lender, I use CUTX) but it's still good to have that option available if a great deal comes up. 
Khu Far Just starting out..how to invest $50-$75K?
16 April 2024 | 20 replies
You can check out hard money lenders and private money where they focus more on the deal itself than your employment. 
Tia Gaulke Buying First Duplex
15 April 2024 | 5 replies
The biggest draws for investors are not needing to provide income docs (no W2, tax return, paystubs etc needed), DTI doesn’t matter, you can close in an LLC, and not all lenders report the debt to your personal credit (so it doesn’t affect your credit score or DTI for future conventional financing).