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24 January 2025 | 36 replies
It sounds great on paper but I'll have more insight after it goes live and I see how it works.
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13 January 2025 | 5 replies
It sounds like some lender will allow you to get a 2nd mortgage for that $172K amount and some will not.Does anyone know of any lenders that can work with this?
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11 January 2025 | 9 replies
At least plan B does not sound a complete bad idea now.Thank you!
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21 January 2025 | 10 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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10 January 2025 | 16 replies
Sounds like I can safely write them off only after I purchase the rental and start the renovations to ultimately rent it out.
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10 January 2025 | 23 replies
BRRR'ing sounds amazing, until you need to borrow money at 9-15% and have a significant monthly payment and are scrambling to get the project done quickly.
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12 January 2025 | 8 replies
Does that sound like a winning strategy to you?
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9 January 2025 | 2 replies
Sounds like you are getting hit with a lender who has overlays and possibly miscommunication between the loan officer/processor to the underwriter.
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17 January 2025 | 6 replies
It sounds to me like your Austin home is a "Sell" candidate - while it could appreciate over the long-term, you might be sinking cash into it for many more years in order to realize that appreciation.