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4 July 2024 | 3 replies
I'm not a talky person to start with, and also a relative newbie to RE investing.
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3 July 2024 | 55 replies
But I personally wouldn't any other way
3 July 2024 | 5 replies
Not sure what else unless a traditional bank would consider it
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4 July 2024 | 11 replies
Personally, I put my money into stocks and also I lend money for flips mainly in the central Florida area.
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3 July 2024 | 2 replies
And then 1M umbrella policy for $600 a year.Then he says the umbrella is strictly for my company and he can get me one personally..Am I really going to have to get 3 policies?
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4 July 2024 | 2 replies
@Randy Person, is there an urgency to close this deal quickly?
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2 July 2024 | 6 replies
This could limit your ability to refinance in the future to lower your payments.Rental Viability: Renting out a very new home (built in 2019) may not be ideal due to potential wear and tear concerns and the fact that it's less likely to need significant repairs or updates that tenants often expect.Local Market Considerations: Chicago's property market is known for high property taxes and historically slower appreciation compared to other markets.Financial Necessity: If you don't have a strong financial or personal reason to move, such as proximity to work, family, or lifestyle changes, it may not justify the hassle and costs of buying a new primary home.I am a loan officer so feel free to reach out to me directly if you have any other questions or would just like to discuss!
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4 July 2024 | 18 replies
I’ve flipped two personal homes, and just bought my first duplex.
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3 July 2024 | 4 replies
From your deal by deal basis growing your list of investors, banks, lawyers etc naturally you will eventually get to a point where the reg A makes sense.
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5 July 2024 | 73 replies
Overall, speaking from personal experience, Detroit makes for great market to enter, as there are a lot of things going for it at the moment.