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12 December 2024 | 6 replies
Some sleep better at night with zero debt, while others love to use leverage and are willing to take on more risk.Community banks right now will go with 80% LTV.
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11 December 2024 | 68 replies
Consolidate all of your debt if you can.
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19 December 2024 | 55 replies
By temporarily halting distributions, we can preserve capital, manage our resources more effectively, and invest in key areas that will drive future growth and profitability.In the interim, we are taking strategic steps to strengthen our financial health, including cost-reduction measures, revenue-generating initiatives, and debt restructuring options.
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9 December 2024 | 1 reply
At closing, the accumulated credit is applied to reduce the purchase price, eliminating the liability.
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17 December 2024 | 22 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.
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10 December 2024 | 8 replies
The odors are not always easy to eliminate within the normal apartment turnover routine.
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30 December 2024 | 89 replies
What’s even better is that I haven’t touched these profit.s Instead, I’ve reinvested it back into the business, paid off business debts, and focused on scaling further.
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18 December 2024 | 45 replies
HELOCs are good for short term debt: rehabbing for a BRRRR/ to sell or flipping etc.
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13 December 2024 | 10 replies
This new property is pumping out around a 10.5-11% cap currently.My credit score is not great as it sits, hovering around a 650 but slowly increasing as i'm paying off debt.
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13 December 2024 | 5 replies
If funds for the program are reduced or eliminated it would create a national housing crisis, so generally it just gets carried at about the same level each year.Yes, local governments run out of funds which is why they close their lists or the wait time is very long.