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Results (10,000+)
Account Closed Cons of Hard Money Lending for 1st Property
4 May 2018 | 12 replies
Just for example, I've been running models that use that mode of financing, however (at least in Vegas), I have not found deals with enough meat on the bone to use HML to BRRRR the property. 
Jason H Orahoske I have 16 Late mortgage payments on my credit report, what now?
28 April 2018 | 25 replies
So here we missed one payment in this example, but our credit report actually shows 3x30 day lates.Like @Harjeet Bhatti said, you're probably cut off from the gov't subsidized Fannie/Freddie stuff for an investment property for a year or so.However if you come across something, and it's such a screaming deal at that price that it still makes sense even with non-ideal financing (remember that if you have to choose between the two, killer price is better than killer rate -- as any successful flipper will attest to), there's a lot of "Alt-A" (once upon a time called "sub prime") that's come out just in the last year that's better than HML.
Mary Jay Looking for a mortgage broker in Indiana
19 July 2018 | 5 replies
For example if you were buying 2x $40k properties for a total of $80k, the loan would be $60k and exceeds the minimum. 
Dennis Wasilewski Signed PSA on first BRRR deal, bought off Hubzu
15 May 2018 | 7 replies
One unknown (example bad sewer main) can throw this into retail or above category. 
Paul Evans Jr Are we in danger of over leveraging?
15 May 2018 | 17 replies
For example, you may want to have a roofing inspector give you an estimate (if not already) for a more accurate budget or periodically check on the furnaces/coolers to more accurately anticipate that expense.
Jared Smith Advice on my future in Real Estate
16 May 2018 | 7 replies
This is just an example of one of the immense yet ignored opportunities throughout the field of caring for the elderly.
Ariel Lee Need advice to get started as a wholesaler
23 May 2018 | 12 replies
For example, if they have 30% equity for a $100k listing, your minimum offer will typically be $70k because that's what they need to pay the remainder of their loan.
Eric Fernando New Landlord - need advice
13 May 2018 | 1 reply
As an example, if the electric bill for the property runs $150 a month, divided into the $8,000 quote; it would take you 53 months to recoup the cost.
Darvin Florian New to the site and also asking general questions
17 May 2018 | 2 replies
For example, if the proposed project estimation total is 90K, can a group of investors invest 30K each, each gaining their fixed interest on it based on their contribution?
Daniel Bryant Lets settle this once and for all..
14 May 2018 | 50 replies
While I agree its not as lucrative as something like implementing a BRRRR strategy for example, isnt investing 100k in a place that will bring you about 800 of a 1200 income a month worth the investment price?