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4 May 2024 | 5 replies
We require one months rent as deposit so that gives us 30 days to get someone else in there.
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2 May 2024 | 10 replies
There will be big pressure on rents over the next year or two in Austin area due to the vast number of apartments coming online.
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3 May 2024 | 2 replies
Stephen,You can use a Bank Portfolio program to buy a Duplex as an investment and it only requires 15% down.
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3 May 2024 | 0 replies
I am a bit new to the real estate investing world and have been practicing underwriting deals.I am looking at value-add deals that may require significant construction (ADU's, garage conversions, etc).
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3 May 2024 | 5 replies
If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel
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3 May 2024 | 10 replies
Hello, although I do not have experience in converting Industrial to Residential Units, I would say, understand what the Building Dept. requires to make this feasible, for example, some jurisdictions require that each unit have one covered parking space (carport/garage etc.).
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2 May 2024 | 4 replies
I'm eager to hear about any unconventional methods or creative approaches that could enable me to invest in real estate despite my limitations.Additionally, I'm working on expanding my skill set by taking online courses in game development and gaining experience in website design and app development.
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30 April 2024 | 54 replies
The licensing process for real estate requires fingerprinting, which should deter bad actors.
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2 May 2024 | 3 replies
I started with nothing and aggressively saved for almost a year until I had 10k for a downpayment on a cheap house.Step 2: Join online platforms like BiggerPockets, Eventbrite, Meetup, and Facebook groups to connect with investors and get an idea of what kind of properties to look for as investments.Step 3: Use Zillow to find agents and communicate what you’re looking for.Step 4: Analyze at least 5 properties a day in your target market for six months to understand what it would take for you to make positive cashflow.Step 5 Get pre approved from a bank.