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1 October 2024 | 6 replies
Got it.What we include in the process as well, is "how best to protect yourself from the "due on sale", what happens if the renter stops paying, what if the seller won't vacate, how to get a title report, why to not use a real estate agent, how does this affect my taxes, what makes for a good deal, what exit strategy to use, how do I hold title, what happens when the seller comes back later and demands to be taken off of the loan, how do I hold insurance, what happens when a roof or waterheater need to be repaired or replaced, and on and on.
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30 September 2024 | 4 replies
Their system is great and will definitely be good to use as you scale up.
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29 September 2024 | 5 replies
What are your thoughts on walk-through bedroom houses as a long time rental property as young investor they are very common in my area and would make a good long term rental by number, What are the pros and cons .
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24 September 2024 | 2 replies
If you're doing a 2nd mortgage on your primary residence to get the cash for down payment on the new Quad, then you're looking at needing to qualify with DTI unless you find a lender who is a DSCR lender and not a traditional conventional loan lender.
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29 September 2024 | 1 reply
I plan to live in one of them thought it might be a good idea to use demountable walls instead of drywall to create extra bedrooms to rent out.
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24 September 2024 | 8 replies
For my situation being away from home so often(I'm a Michigan resident), this would still allow me to participate in real estate but be diversified beyond a syndication.
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29 September 2024 | 6 replies
I was also in IT field and working as a QA Tester for 17 years and quit the job for good 2 years ago, As my real estate investments are giving passive income..
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30 September 2024 | 47 replies
Let people know where you need help and investors in those cities, in most cases There are a lot of good people here who will try and help if they can and will do so without taking advantage of you.
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22 September 2024 | 1 reply
However, my personal residence has a 30 year 5.875 fixed rate.
22 September 2024 | 13 replies
Having access to funds is also good back up (eg line of credit).