
17 November 2022 | 22 replies
@David Garcia- thanks 1) if you plan to lie in one of the units and minimize the down payment - use a FHA loan as down payment can be as little as 3.5% of the price 2) if not planning to live in one of the units - use a conventional loan and your down payment will be consierably higher ( the amount will vary based on the type of property you buy 3) downside to using a FHA loan - you have to pay upfront fha mtg ins premium of 1.75% ,,,the monthly mtg insurance is permanent and high ..benefit to FHA is low down pmt , tend to be better priced and also more forgiving on credit 4) let me know if yuou would like a FLA based loan person referal and good luck

2 December 2022 | 5 replies
I was looking at using a DSC loan but as I listen to more podcasts/read articles here on Bigger Pockets I'm not sure how to approach it.

3 January 2023 | 4 replies
I've been using a lease I got from my RE agent, with no landlord address on it, for years.

27 December 2022 | 17 replies
I was just using a hypothetical on some of these million dollar properties.

3 January 2023 | 6 replies
In this case I would strongly recommend using a combination of an LLC and a Land Trust to avoid triggering the due on sale clause.
14 December 2022 | 1 reply
I was also dealing out of state because the market I'm in isn't great for small home builders (who were my end-buyers in better real estate markets for home building).Also, my strategy is to be very targeted using a specific leads list of distressed homes I found before I stopped wholesaling, look up the the primary residence of the distressed home's owner, and knock on the door of their primary residence basically asking if they would be interested in selling the distressed home.

27 December 2022 | 15 replies
It sounds like Analysis Paralysis.You have double checked the Airdna data which is great.Are you using a spreadsheet to make sure you have everything accounted for?

2 January 2023 | 29 replies
Generally, the title policy isn't voided using a QC if the LLC member(s) are the same as the name(s) on the mortgage.

2 January 2023 | 25 replies
If I had 1 or 2, I’d definitely be using a solid PM.

3 January 2023 | 8 replies
So on your next property, with using a "Foreign National" style loan you can leverage the amount of money you have...or use the BRRRR method to refinance INTO a "Foreign National" loan from purchasing a property with Hard Money Loan.