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10 July 2024 | 2 replies
Strategy is to continue to using the BRRR method, but I am doing it using my VA benefits which allow me to purchase for zero down no PMI.
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11 July 2024 | 8 replies
The idea is to house hack in a rural area that I could develop down the road and transition from once the lot is fully built up.
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10 July 2024 | 31 replies
My local power company has a program where they can lower power consumption to a property(ies) to prevent the grid going down during high power usage surges.
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11 July 2024 | 7 replies
How about “ I know the multi family market data well and its a great time to buy rentals because interest rates are above 7% for 30 year mortgage and people don’t have 20% down payment to avoid PMI for lower monthly payments.
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10 July 2024 | 5 replies
It is the best way to break into REI IMO.VA financing is about as good as it gets in the financing world right now; generally better terms and rates and you can take advantage of 0% down.
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10 July 2024 | 3 replies
Prices aren't coming down, but there are also hardly any buyers, and inventory is very low.
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12 July 2024 | 10 replies
You wouldn't need a pure commercial mortgage, you can do LLCs with DSCR loans, which are pretty similar to conventional loans, just more investor friendly: can do LLCs, qualify off property income not personal income, 20% down and 30 year term5.
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11 July 2024 | 7 replies
I'd definitely shake the wholesaler down, let them know to tap out on it.
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12 July 2024 | 40 replies
Which is why they’ll pay $5,000 for someone to show them how much interest they “save” by paying down their mortgage faster. 50 years ago Jimmy Napier wrote “invest in Debt”.
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10 July 2024 | 6 replies
He stated that it was inherited down to him.