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2 September 2024 | 7 replies
I'm a travel RN with a few flips under my belt, one commercial property that turned out well, and am looking to purchase a property in New Braunfels, Tx to live in for potentially 6 months out of the year.
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30 August 2024 | 17 replies
I’m a little overwhelmed on the to do list, details of lease agreements and where to get one, as well as tenant screenings.
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2 September 2024 | 14 replies
But if you know of any other way, or any other area that does not require a lot of funds to start, I'd be very grateful for the advice and information as well.
30 August 2024 | 15 replies
@Gino BarbaroWe have worked with 2 well established commercial brokers last year and had no success.
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2 September 2024 | 6 replies
We can talk about this at the meetup on WED, but you are positioned well with what you have so don't rush it.
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30 August 2024 | 15 replies
Can't I provide Airbnb/VRBO Income reports to prove this?
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3 September 2024 | 7 replies
Well if you back the moving truck up the day you close you will have a tough time proving that you bought it with the intent of holding for investment use.
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1 September 2024 | 4 replies
Typically what @Samuel Diouf suggested will not work, unless you also include a significant and successful value add, for a few reasons 1) debt to income requirements likely will provide a means to get a loan on a 2nd property. 2) saving 5% for OO down in Orange County on MF likely means at least $50k with closing costs. 3) the home if purchased rent ready off mls will still be cash flow negative after a year (and 2 years, 3 years, … at some point it will have positive cash flow but I would not expect it in less than 3 years on rent ready property.
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2 September 2024 | 2 replies
Another thing, I had no idea how to get some private lenders, because I don't have a well-known brand, so it's harder this way.
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30 August 2024 | 38 replies
Outside of their investor margins being a little thin, does anyone have any feedback they provide from personal experience or research they performed on Ashcroft?