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8 November 2024 | 38 replies
Quote from @Tom Dean: Would appreciate any advice, I would like to invest somewhere in the southeastern quadarant of US (for example I'm open to somewhere like Missouri that isn't traditionally part of the "southeast"), looking for somewhere where I could acquire a SFH STR between $250k - 325k.
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7 November 2024 | 3 replies
Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me).
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7 November 2024 | 3 replies
If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.
10 November 2024 | 19 replies
First off, you should know that getting a loan as a foreigner in Mexico is quite difficult—most traditional lending options aren’t available, so you’ll likely have to explore alternative financing or fund the construction yourself.When it comes to managing the property as a short-term rental, you'll need to decide whether you want to open a small company in Mexico.
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7 November 2024 | 6 replies
Portfolio loans, asset-based lenders, and home equity lines of credit are all alternatives to traditional borrowing.
7 November 2024 | 9 replies
Not looking for a get rich quick scheme.
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6 November 2024 | 2 replies
I just finished reading Dirt Rich and it's peaked my interest in the possibilities of land investment.
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7 November 2024 | 0 replies
I financed this deal through a private lender, allowing me flexibility and faster access to funds compared to traditional financing.
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7 November 2024 | 15 replies
My understanding is if you live in the residence yourself for a year and a day, you can get a traditional mortgage as it’s not considered an investment.