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7 July 2024 | 11 replies
These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.
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7 July 2024 | 35 replies
They told me that they like to lend to people with solid experience.
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7 July 2024 | 19 replies
Most people prefer a detached property with some land on it because they're easier to resell than a duplex one.
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7 July 2024 | 5 replies
Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!
7 July 2024 | 10 replies
Before you consider whether to finish this rehab decide whether it even makes sense to do it.
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5 July 2024 | 14 replies
People love to talk it up on an Internet board but will never hop on a live or recorded call that would be broadcast to the same people they are trying to impress.
8 July 2024 | 9 replies
Please come back and post a follow up, even fi you wind up losing money on the transaction, because it is a good opportunity for new people to learn how difficult flipping a house and turning a profit can be.
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7 July 2024 | 14 replies
Something else people don't know is that technically, for second home loans, you are supposed to occupy the property for more than 180 days.
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5 July 2024 | 2 replies
(meaning marketing and asking sellers if one or the other makes more sense) Also curious the most common assignment types Thank you!
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5 July 2024 | 8 replies
I certainly don't want to knock how people advertise or get business...but getting a recommendation from someone who has already vetted that lender helps out considerably.