29 May 2021 | 2 replies
Start with "The Richest Man in Babylon" by George Clason and Think and Grow Rich by Napoleon Hill and go from there.I wish you the best.Stephanie
28 May 2021 | 0 replies
Now, I'm looking to take all of my cash flow and buy a property traditionally (leaning towards a 203k at the moment).
31 May 2021 | 17 replies
Alternatives;If you have a decent job (I assume this means you're a credit worthy borrower), decent cash in reserve, no debt etc. obtaining a (civilian) traditional loan isn't out of the realm of possibilities.
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29 May 2021 | 2 replies
I understand most lenders will only lend with a traditional residential mortgage for up to 4 units only.
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31 May 2021 | 6 replies
A single family rental has a conventional 30 year mortgage and usually a lower cash flow and traditionally costs less than its multi family counter part.
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2 June 2021 | 10 replies
I see the lines between extended stay rentals ("LONG" short term rentals) blurring with traditional rentals.
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31 July 2022 | 53 replies
No one knows or cares as long as the payments are on time.They say the road to riches is paved with good intentions.
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31 May 2021 | 9 replies
I recommend Rich Dad Poor Dad (yes I know it is advertised everywhere, but it's everywhere for good reason), it changes your mindset about money.
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1 June 2021 | 7 replies
@Reyna LopezNo, you won't qualify for traditional conventional financing if you switch from W2 to 1099 (although some alternative lenders have embraced the new CFPB guidelines that don't require income verification).Your best bet, if you are making the money you hope, is to get an asset based DSCR loan.
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30 May 2021 | 1 reply
I'm a college student and therefore don't qualify for any traditional financing(which I believe eliminates the FHA loan program).