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Results (10,000+)
Stephanie Mbaya House hacking in Baton Rouge
22 November 2024 | 2 replies
Connect with local investors through real estate investment groups, attending housing fairs, and speaking with property managers familiar with the LSU rental market.Good luck!
Michael Nguyen New to real estate. Should I create an LLC? How difficult is lending options?
21 November 2024 | 16 replies
The LLC will have zero impact on lending.
Arlette Seyossolo New Member from Allentown, PA
30 October 2024 | 7 replies
Hello and welcome to the forums!
Joe S. Are second lings still a thing on investment properties?
21 November 2024 | 6 replies
. :)  dont know the answer but if I was guess there is probably some lenders that do it with sufficient equity.
Bruce Schussler To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Russell Fleming Becoming a real estate agent (SC)
21 November 2024 | 2 replies
Are you in the process of taking the licensing class now?
Ignatius Okeke Tools for finding off Market Deals
25 October 2024 | 9 replies
It doesnt have info on tenant status but if that is offered on other platforms it seems like a great option to have.You'll need to cold call and follow up (mailers, calls, visits) with 1,000s of leads for the next year or so before getting a significant # of chances/appointments to convert the leads.
Jayden Matz Looking to connect with investors in the Detriot-Metro.
30 October 2024 | 3 replies
I am currently rebuilding my credit and have finally been able to start saving money and looking to get my first property by the end of next year.
Thomas McPherson Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
The Fed’s moves often ripple through credit markets, and the jump in the 10Y yield has definitely hurt affordability.
Trenton Miller How to Financially Analyze Unimproved Land for Tract Home Development
21 November 2024 | 4 replies
Having a consultant who has worked with the agencies before is a huge plus.Alongside the developer, creating a defined site plan is needed to determine the improvement & infrastructure cost.