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28 May 2024 | 10 replies
Will you have more or less cashflow per month (including your income from a job) before or after this perspective deal.
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27 May 2024 | 19 replies
Capital can always be borrowed/raised as well, you just have to have a good enough of an opportunity to support the debt and compensate you for the risk.
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26 May 2024 | 10 replies
But it can be done and whether you'd do it, where, what kind of properties you'd buy, ... will depend on your objectives, financial resources, knowledge, connections, ...Also, opportunities can be very different from country to country and within the same country, as it is within the US.Financing could be different, when available, but a 100% cash investment can be more profitable than in the US, especially given the high interest rates.My best advice is to be clear about your objectives and narrow down your options.
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28 May 2024 | 68 replies
If she refuses, evict her.Remember your job.
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27 May 2024 | 17 replies
He built his profit into the job and made money.
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27 May 2024 | 3 replies
I recently had to relocate for a new job.
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24 May 2024 | 5 replies
Are there any real estate investor jobs that are not 100% commission?
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27 May 2024 | 9 replies
First for odd jobs-pay them after they are done, don't take money off the rent.
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27 May 2024 | 2 replies
The only time I recommend an investor take a negative cashflow deal is if they have a high W-2 job and need to offset taxes, and /or they can afford to wait for a house to appreciate.
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27 May 2024 | 11 replies
Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.