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19 May 2024 | 3 replies
You also have to explore the STR versus LTR in that area to see which may offer a great NOI.If you ever have any specific questions feel free to reach out I enjoy helping and talking REI.
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19 May 2024 | 17 replies
Using an LLC can offer more legal and safety cover.
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18 May 2024 | 2 replies
We took the first offer that we got, we did not want to take a chance.
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17 May 2024 | 2 replies
And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!
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17 May 2024 | 11 replies
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
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18 May 2024 | 11 replies
Offering preferred return?
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19 May 2024 | 10 replies
With that amount of equity you'd likely qualify for a HELOC on your primary residence to access that equity to buy an investment property or to buy a new primary and rent out your current home - the latter is what I do personally and all of this is what I offer my clients professionally.
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18 May 2024 | 4 replies
Instead, they typically employ a sales comparison approach to determine the property's worth, using the income to calculate the DSCR, which usually needs to exceed 1.0 for most lenders.Assuming you have a solid track record with the property and there's enough equity in the deal, leveraging the After Repair Value (ARV) on a sales comparison evaluation could enable you to refinance into a bridge loan until the necessary work is completed.Maybe a mortgage broker specializing in traditional loans could offer insights into construction-to-permanent loans
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19 May 2024 | 9 replies
I would be interested in talking to you to offer some tips and advice and find out your REI portfolio goals.
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19 May 2024 | 39 replies
Others should join in on offering their service.