Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
Sure, mortgage insurance eats into your cash flow a little bit if you're putting less than 20% down but in the scheme of things it's really not that much.Also, you won't have 20% equity in your property in a year assuming you put 10% down unless you are forcing appreciation or you somehow get some high market appreciation.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
There are also several funds out there that provide high single digit yields that are low risk.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
You pay for what it is... not for what it should be or could be.Later PalRogI did throw out a general offer just to try.
Vanessa Pierson
Advice - Long Term Rental in Tough HOA or Sell
23 January 2025 | 4 replies
You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high.
Chris Pontello
Avoiding a short sale through creative financing
26 January 2025 | 6 replies
They are asking $375K but not getting it - so not quite $20k underwater from asking but they're offers so far are around $350k and lower.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
Obviously there’s a number of things that can go wrong, I’m just curious if you find the documents less effective than one from an experienced lawyer but you are willing to accept less quality for a cheaper product or if you actually find them more effective in the first place.
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
If she accepts the offer, make her sign and you both get a copy."
Craig Holland
Empty lot lenders
27 January 2025 | 5 replies
they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..
Ella Marie
New and ready to learn hands on
4 February 2025 | 10 replies
.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
And with brokerages now offering new agent programs where they will pay 100% of the expense to get licensed, there is literally no reason not to.