Sarah Ali
Am I too old to get started? What is a realistic plan for me?
30 May 2024 | 63 replies
Shortcut your learning curve by learning from experienced players who do what you want to do. 2.)
Ryan Daulton
Real Estate vs. CD Market investments
30 May 2024 | 93 replies
I suspect he would continue to recommend passive players buy indexes or just Berkshire stock!
Brandt Tingen
Vacation Rentals in Poconos PA
26 May 2024 | 16 replies
I believe a google search yielded the largest management players and a few conversations with them gave me a good idea of how everything worked, though things are hazy now as it's been over a year.
Jalen Wilson
Is it possible to get a mortgage with no W2 history
27 May 2024 | 11 replies
Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.
Account Closed
Looking to network with flippers in Southeast Florida (Miami, Broward, Palm Beach)
25 May 2024 | 11 replies
My dear friend is one of the biggest players in Miami, and she told me, Bob do not touch S FL, stay in Cleveland Good luck I am moving to Miami.
Doraine Warner
Thinking of buying vacation rental condo in Puerto Aventuras, MX
26 May 2024 | 4 replies
Some families might like it but then you’ll have to compete with all-inclusive hotels and I’m not sure you’ll make the profit you’re hoping for.
Eric Justice
Buying property-All Cash
5 June 2024 | 116 replies
You mean:The Dunning-Kruger EffectThe Dunning-Kruger effect describes a cognitive bias wherein individuals with low ability, expertise, or experience in a particular area overestimate their knowledge or competence.
Carol Venolia
How do you cope emotionally with nasty tenants?
29 May 2024 | 64 replies
If I can help provide you an eviction and related attorney to help get this guy out, provide a competent property manager, or even buy your place if you just want out of it, let me know!
Brandon S.
Conventional rehab loans from local banks
24 May 2024 | 3 replies
Avoid the national players.
David Pereira
Thoughts on buying multi family all cash(duplex,triplex)
25 May 2024 | 6 replies
In times such as this with high interest rates, or to have a competative offer, you might offer all cash at a lower price with a short closing time frame to a seller in order to get a good deal.