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11 March 2024 | 16 replies
In my case, though I was initially very worried and cautious, the remaining family member turned out to be a great tenant.Month to month is not a bad spot to be in, given the circumstances.
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11 March 2024 | 1 reply
I had better luck with traditional business lines of credits with banks.
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11 March 2024 | 5 replies
Not high earning 90-120k. 27 years old. 700 credit score.
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12 March 2024 | 7 replies
If you keep failing inspections... well, there are plenty of landlords happy to take HUD's checks instead of running credit reports.My advice if you do Section 8 anywhere is to hire a property manager who is genuinely comfortable and experienced with vouchered housing.
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11 March 2024 | 11 replies
I have since then increased my net worth to over 100k invested and completely debt free with a credit score of 745.
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11 March 2024 | 1 reply
We negotiated 15k in closing cost credits along with a washer/dryer and fridge How did you finance this deal?
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11 March 2024 | 22 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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11 March 2024 | 0 replies
I did feel bad and wanted to help her.
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11 March 2024 | 4 replies
Zillow or Apartments.com have credit and background check tools.
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12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.