27 February 2024 | 1 reply
I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

27 February 2024 | 5 replies
Even though they cover all the costs, you'll still have to pay for closing expenses, about 3-5% of the loan amount.These loans are better for people who know their way around real estate, not so much for first-time buyers or those new to this game.Talk to a money expert, check out different lenders before you decide, understand all the risks, and look into other options like FHA or VA loans—they might be a better fit, depending on your situation.
27 February 2024 | 7 replies
It's really critical that you work with someone who understands investing and the strategies you're trying to deploy.
27 February 2024 | 6 replies
Consider reading "profitable properties" by Daniel Rusteen to help with understanding HOW to "maximize" a listing.

27 February 2024 | 13 replies
., ARV - I understand this method).
27 February 2024 | 4 replies
Understand that a HELOC has a carrying cost every month.

28 February 2024 | 12 replies
My suggestion is to do your due diligence a bit more and understand all the #'s that go into the underwriting, and find a market that is known for cash flow, and then find an investor friendly agent in that market to help guide you further.

29 February 2024 | 24 replies
I also understand that the cost also reflect what you get and at the same time don't wanna pay too much.

27 February 2024 | 10 replies
We have only approached 1 lender (large, online only lender), but had issues getting them to understand our total situation so the amount they would lend to us was insufficient.

27 February 2024 | 6 replies
Now I am new to the real estate scene and I do have several questions that I want to mark off my list so I can get a better understanding on this.