
9 December 2024 | 9 replies
@Ella VolneyTypically, you can only find a lender in the country where the property is located and, if you're not a resident there, it will be more difficult if not impossible, depending on the country.When it comes to investors, they need to be open to the idea and then you need to have opportunities that fit within their right risk/return profile.

20 November 2024 | 6 replies
It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

11 December 2024 | 0 replies
The real estate game is all about relationships and strategies, and this is one of the most important topics to get right early on!

9 December 2024 | 2 replies
@Renee MachatHi Renee, Great to see you on the platform and excited you are focused on Metro Atlanta.

10 December 2024 | 0 replies
We found this one on the MLS How did you finance this deal?

10 December 2024 | 2 replies
They are always on top of maintenance and communicating any issue regarding the property and they have streamlined the process so that it’s relatively easy and quick the purchase.

9 December 2024 | 5 replies
I haven't done a 1031 exchange, but may in the near future and the small amount of research I have done on it seems to indicate that some qualified intermediaries only do the intermediary task (hold your money while you close on the new deal) and some try to do other tasks as well, like facilitate you finding the next deal, etc.

9 December 2024 | 4 replies
I agree with Jaycee, but be cautious with other organizations having a "master lease" on your property.

9 December 2024 | 2 replies
He has lived in the duplex for the last 20 years and according to my research, you can avoid taxes on capital gains up to $500,000 if the property is sold within two years after a spouse's death.

23 November 2024 | 3 replies
That is true for maybe 1 percent or less of the wholesalers who try it.When you are new and you ask for a wholesale mentor online, you are going to get every pitch, course, guru sell that there is.