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Results (10,000+)
NIcholas Hamel Does Velocity Banking work????
27 July 2023 | 237 replies
Getting further along on the amortization schedule, you immediately start paying more each month toward principle than you were before you paid down the 40k. helocs, by definition, are riskier than 1st mortgage positions, so those intro rates only last 6 months or so and revert back to whatever the current ongoing rates are. just looked at my heloc rate, and it's at 3.75% vs low 2s you can currently get on a 30-yr. here's a no bs working file that @Daniel Weed had created that you can fill out and see for yourself what, if any, velocity you're going to get: https://www.biggerpockets.com/files/user/DanWeed/file/loc-vs-mortgage
Jarrod Murrell SBA Loan-EIDL: working capital
6 June 2020 | 19 replies
My interpretation for these loan programs would be to lean on the conservative side, working capital would be ongoing operations.
German Chavez R.E.O Auction Academy & House Deals America
10 May 2023 | 1 reply
*Hours of online real estate training *Ongoing support *We review your deals so that you have the confidence to bid or make offer on properties you may never visit in person *Access to our network: Investors, title companies, attorneys, and more *Access to our Private Lenders to fund your deals *Group Zoom meetings *We are your support team to guide you through the process, and want to help you achieve your goalsAnyway, I would love to get in and start buying REO's with their support, (if it's real)!
Kevin G. Would you flip a house with interior fire damage?
14 June 2023 | 16 replies
If the odor is not properly mitigated that will cause ongoing problems.
David Ivy Austin Market Update - July 2023
15 August 2023 | 0 replies
ABoR’s July housing market data stresses not only the strong, ongoing housing demand in our region, but also the critical need for more housing stock at all price points.”We’re heading into the fall with rates around 7.25% for a 30-year fixed mortgage.
Matyas Sustik When a syndication is managed really badly...
4 September 2023 | 2 replies
There are other ongoing investments that are reported to be in trouble.
George Wines Renting Parking Spaces
22 April 2016 | 8 replies
There is an HOA meeting tomorrow for the condo building that I plan on going to so I can learn more about where they are in the city/county of Denver lawful sale process and how much they plan on selling them forLet me elaborate on these particular parking spots.
Brandon Mousseau Advice about a property with existing tenants
5 September 2023 | 5 replies
This way, once the repairs are completed, you can list the property at a higher rate and attract better tenants.Considering the increased rent, it's unlikely that the current tenants will be willing to pay it, and they might also express concerns about living amidst ongoing renovations.
Salvatore Lentini What's stopping you from buying your 1st investment property?
15 October 2021 | 645 replies
I haven't started actively hunting for deals yet, although I am communicating with my RE agent regarding multifamily properties in my county and the surrounding counties.Location: Front Royal, VA, although I'm looking at the greater area as well; Financials: ~$11,000 available to invest; REI/tenant Experience = no hands-on experience, ongoing reading of BP books/forums/podcasts/blog posts, etc.Top questions at the moment are:1) What are the top considerations regarding house hacking, especially in an expensive market such as in/around NOVA, that a new investor such as myself probably won't have considered?
Nina Liu Hiring a live-in super or caretaker tips
30 August 2023 | 0 replies
We have ongoing projects that have been outsourced but could have the super perform those if he is capable at an additional rate.