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12 February 2020 | 19 replies
Rich Dad Poor Dad, by Robert T.
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7 February 2020 | 6 replies
I bought a s**t box house that would cash-flow, added some sweat equity, and went for it.
7 February 2020 | 2 replies
Looking to purchase this property, not allowed inside and MLS says property does not have all C/O’s and will bot be obtaining them.
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10 February 2020 | 9 replies
So is it possible to just obtain a HML and build the property then sell it to myself?
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9 February 2020 | 6 replies
All of those professionals don't want to spend a bunch of time shooting the sh*t with you.
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10 February 2020 | 8 replies
If you really want to obtain long term financial freedom doing something meaningful, then think long term.
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11 February 2020 | 9 replies
I am most interested in using the BRRRR method to obtain rental properties.
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8 February 2020 | 11 replies
This can only be obtained after 6 months seasoning.- If you do need your money earlier and the home was purchased with cash you'll need to use delayed financing via Fannie which will come at an LTV 5% lower and the cash out amount cannot exceed the purchase price.Any other product that has a higher LTV is a portfolio loan, private loan or Non Qm loan which will come with higher interest rates.InnRegarding the HUD I've been seeing and hearing that Fannie is cracking down on this and not including rehab costs and only going off the purchase price.I would base your numbers off purchase price, ARV and 75% or 70% depending on the property type.I hope this helps and have a great day.
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9 February 2020 | 6 replies
As a recent college engineering grad who formerly had only been exposed to the typical American life (piling on as much debt as possible in hopes of keeping up with the Joneses), you guys have really got the gears turning in my head and have opened a new way of thinking for me.After recently obtaining a good paying job, I almost made the mistake of buying a new truck and taking on some of the other bad debt that comes with most college grads; instead, I have chosen to put my eggs in the real estate basket.
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12 February 2020 | 24 replies
I love how @Max T. put it.