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Results (10,000+)
Micah Cook The "good problem" of not knowing what to do with portfolio equity
3 March 2024 | 1 reply
so most people will have to be as leveraged as possible to scale (at the beginning). as in, keep your LTV high and focus on buying 'as much' ($$) RE as possible. this is if you're doing a pretty run of the mill REI strategy like buy and hold. i came across an interesting guideline once: if you could sell today and net 7x+ your annual true net cashflow, you should cash-out/refi, or sell/1031. think of it this way: if your portfolio in a year is worth 1m market value, and you owe 600k, and have a lender that will do a portfolio loan at 80% ltv, you could cashout refi and get 200k to play with (minus closing costs). when you compare the now-lower cashflow from the existing portfolio (higher LTV & maybe different rate), to what you can do with 200k cash, THAT'S where it gets fun. maybe you lose 1k/mo in cashflow on the original portfolio (literally just made up a number, idk), but you can gain 2500/mo in cashflow with that 200k.. then doing the cashout/refi earned you a net increase in your monthly profit of 1500/mo, plus you're getting debt paydown and appreciation on "more" real estate, probably getting bigger tax benefits, etc.
Rahul Gupta Best courses to get the MN Realtor License
4 March 2024 | 6 replies
I just got my license through Kaplan, and it worked out great especially because Keller Williams paid for my tuition and guided me through the whole process.
Alana Reynolds House Hacking to the max
4 March 2024 | 10 replies
You have a place to live now in the camper; find a great agent in the area who is familiar with the VA Assumption process.
Trevor Riley Deal Finding - what makes it so hard?
4 March 2024 | 15 replies
Nobody wants to make a mistake, even though that's 100% part of the process of being an investor full time. 
Jacob Lopez Running Cash Flow #s by the Four Square Method - Deal or Bust?
2 March 2024 | 16 replies
To my dismay, I have found that as someone who wants to live in one of the units (house hack) that significantly reduces my cash flow to next to nothing, or to nothing, or even negative earnings
Armando Lopez Lehigh and Northampton County Contractors
2 March 2024 | 7 replies
My name is Armando and I just moved to the Lehigh Valley to start working on some contractor projects for an investor client of mine and I am looking to add a couple more clients to my list.My backgroundI went to Northeastern in Boston for college studying computers and management but I always loved the idea of real estate, so decided to work for my dad's company doing renovations.
Riya Patel BRRRR in TN
4 March 2024 | 1 reply
We want to make this process faster and a lot of GC are slow. 
Shaun H Wilson The Rookie Rental Property Investor
4 March 2024 | 5 replies
Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.
Account Closed Buying Pre-Foreclosures (Non Judicial) Foreclosures To Do Fix & Flips or Rentals
6 March 2024 | 19 replies
Pace just did a video on foreclosures (after I posted on it) and he failed to mention several steps that are critical to understanding the process.
Peter Morgan Adverse mortgage market fees during refinance
5 March 2024 | 11 replies
I have been reading about adverse mortgage fees in news from Dec 1st( it was supposed to be implemented from Sept 1) and this has been playing in the back of my mind during this refinance process am I little worried if it’s going to bite my back at the time of closing, my current lender has already sent me payoff instructions.