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17 August 2024 | 2 replies
Are they just capital partners while you go source and run the deals from start to finish?
15 August 2024 | 33 replies
When you're first starting out a house hack is a great way to get started.
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15 August 2024 | 8 replies
When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...
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15 August 2024 | 34 replies
If they aren't interested in a better unit, then I would respectfully ask them to start looking for another place to live.
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11 August 2024 | 8 replies
I want to start from where I am familiar with.
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15 August 2024 | 26 replies
People, particularly amateurs just starting out, tend to focus too much on big tools.
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15 August 2024 | 7 replies
As Russell mentioned, agents are pro's at sales while PM's are more for leasing; which I totally understand is not feasible for you!
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12 August 2024 | 2 replies
Building relationships with experienced wholesalers can also open doors to joint ventures and off-market deals, giving you a head start in the industry.
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17 August 2024 | 9 replies
I am starting out with a 4 unit apartment building, lower commercial space and duplex.
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17 August 2024 | 1 reply
True foreclosures are all cash purchases so if you don't even want to pay $25 for a list or for access to a good site, you are probably starting a long climb up the wrong tree.