Hunter Motto
Refi+HELOC VS Cash Out VS 1st Lien HELOC
24 June 2020 | 0 replies
Hey friends- Making plans to Refi 3 properties we're holding that have higher rates and ~$300k in combined equity!
Robert Saunders
Zero Down on an Investment? Really.
8 July 2020 | 12 replies
@Robert Saunders Agree with the above posts, it's using a combination of OPM to reduce your downpayment.
Neil Narayan
Austin on brink of becoming nation's 10th largest city
17 August 2020 | 4 replies
@Neil Narayan also interesting that the Dallas Fort Worth metro area when combined (because they really do just run together) is larger than Houston.
Zack McCall
[Calc Review] Help me analyze this deal and partner with me on it
25 June 2020 | 3 replies
I'd have conversations with lenders now about the best way to build your capital stack.As far as your analysis:I like 8% Vacancy for MFR.Bump your Repairs and CapEx to ~15% combined. $30k renovation is really all that much, these buildings are 120 years old, and you won't be getting many efficiencies of scale since they're two separate buildings.Management will likely be 10%, unless you have other units already.Insurance looks pretty low.
Arnold B. Guerrero
Finding tenants in the middle of covid19
1 July 2020 | 22 replies
Your only way out is a combination of lower rents, selective, but meaningful improvements and better management.
Curt Bixel
Private Lending, Driver's License, and a Fake ID
6 July 2020 | 7 replies
(My experience is in buy and hold rental, mostly duplexes and quads.)As I put myself out there, people interested in doing deals are coming out of the woodwork so fast it reminds me of Worthington High School back in the 1980's when I was the one of the first kids my age to get a driver's license and a fake ID, and could thus combine the services of transportation and beer acquisition.
Matt Burgess
Goal to make $50,000/ year in cash flow
29 December 2021 | 53 replies
With those three pensions combined we will be over our $5k per month goal but we have to wait until we are 60.
Riaz Jiwani
Is it possible to get prequalified through a hard money lender?
26 June 2020 | 6 replies
So, it's a combination of criteria, but talking with your lender to find out that criteria is important in your pre-qualification.
Paris Capers
[Calc Review] First Try at VA-Loan House Hacking a NC Duplex!
27 June 2020 | 4 replies
In definitely see how that could sink the deal now.As for PM, I was considering self management using the BP landlord resources combined with a service like Cozy since I'd be on the property.
Chad Maschke
New Minnesota Investor Looking for Advice (Introduction)
27 June 2020 | 3 replies
It's a combination of gaining more knowledge (which you're already doing!)