Account Closed
What are some options for someone with no income but a lot of cash to get a loan?
7 February 2024 | 17 replies
Just as others have mentioned, a Debt-Service Coverage Ratio (DSCR) would allow you to potentially get an investment property without dealing with the income verification.
Hari Mann
Finding Investor Partners - My current ONE Thing (...and my biggest frustration)
7 February 2024 | 12 replies
We naturally started with our personal circle of family and friends who have witnessed our journey from the beginning, we have also begun posting blogs on LinkedIn and our website, we've created a CRM database of all the potential investors we have met in our network, and are soon releasing our first recurring email newsletter for our subscribers.The frustrating part of all this is that it feels like I'm pushing a rock up a hill that just won't make any progress.
Noe Gil
Greetings from a Chicagoan!
7 February 2024 | 3 replies
I have grown my investments in Back of the Yards for various reasons, but my main one is: I grew up there and see high potential for growth in that area.
Adam Marx
REO Listings? Good or bad idea?
7 February 2024 | 4 replies
With the right preparation and understanding of how banks operate regarding these properties, you can potentially secure a deal that works for your investment goals.
Omar Hassan
Very New investor with very little tax knowledge
7 February 2024 | 8 replies
One key advantage for both your owner-financed primary residence and potentially the single-family home, if it's not your primary residence, is the mortgage interest deduction.
Estrella Carolina Mckinney
Pros and cons of...
7 February 2024 | 10 replies
This is where you can really gain some sweat equity and potentially have better tenants over time.
Emil Pinlac
Please Advise: ADU Cost Components Breakdown?
8 February 2024 | 30 replies
Do you own the property or are planning this into a potential purchase?
Holly Ross
Can (or should) first time investors BRRRR?
7 February 2024 | 4 replies
I understand where your agent is coming from, turn key properties are potentially less risky for beginners.
John Yingling
$900K lakefront new build finished - Sell + start over in Midwest (Chicago?)
7 February 2024 | 4 replies
Then, potentially either straight up sell if the profit is there, or move into one of those units, take the leftover money, and keep doing this.Obviously, the numbers would have to make sense, and that's what I'd have to learn.
Angelo Revercomb
Advice on a potential deal!!!
5 February 2024 | 2 replies
I recently came across an interesting situation. My wife and I noticed a home being built sometime around a year ago. The home is finished part from the ( cabinet door and drawer fronts, countertops, baseboard, final ...