John P.
Seller Financing rates/terms for residential sale?
1 October 2024 | 6 replies
Seller financing can be a great way to sell a property while offering flexible terms and potentially earning a higher return than traditional investments.
Randy Buff
Are Insurance Costs for Short-term Rentals Going to Surge in FL post Hurricane Helene
3 October 2024 | 7 replies
I think this is a wait and see.On the management side we are obviously sold out now likely through end of the year, our traditional slow months.
Stephen Williams
Need help to finish a BRRR after contractor stoped answering calls.
3 October 2024 | 17 replies
Hi Stephen,Sorry for your troubles but it seems like the provider came through in the end which is nice to see.And promising to cover rent for the delays caused shows character also.Being a turnkey provider myself since 2014, I can attest to that unfortunately many things sometimes aren't in our control.Especially when it comes to the citiy, contractors and pulling permits, etc...Our traditional promise is that the property will take 90 days to rehab and tenant.Have we gone over 90 days?
Sinuway Martinez
New to the game but ready to play
4 October 2024 | 11 replies
If you're thinking about other states, parts of the Southeast like Atlanta and Charlotte have also seen a lot of activity, with strong rental demand and growing populations.As for creative financing, I’ve seen investors use DSCR loans and Fix-and-Flip loans to get deals done without needing the traditional income verification.
Doug Learnard
New in Metro Detroit, hoping to network some and dive in!
2 October 2024 | 6 replies
I’m in a traditional career now and would love to scale up investing in some real estate over the next several years.
Daniel Myers
How can I buy with no money down?
1 October 2024 | 8 replies
Traditional banks , online lenders or?
Tanya Maslach
Help me analyze this deal
1 October 2024 | 6 replies
I don't know if I did it right, because I prefer NOT to get a traditional loan for my next property.... and I don't know how to estimate (or even GET) private lender loans.My buy box is;- Something I can use for long term rental AND MTRs.- Less than $25K in rehab- Quick rental potential (<3 months rehab).- Low crime, low foot traffic- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)- COC ~5-6%My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.
Jimmy Rojas
Advice applying for a home mortgage with 1099 forms but no tax returns
30 September 2024 | 8 replies
Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .
Brent Salazar
STR Insurance & Holding Title
4 October 2024 | 8 replies
In my experience, traditional banks will take 70% of LTR income but not any business income unless it’s shown income on tax returns for 2+ years.
Michael Bell
Investing in Parking Lots & Garages - My story so far
2 October 2024 | 4 replies
I am definitely walking a non-traditional route in real estate, but truly enjoying the journey.