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23 March 2024 | 31 replies
I like option #2 but you might not be able to buy too many homes with just $75,000.You might be able to get into some decent properties in the $200,000 range in those cities which would require 20% down which is $40,000.If you had $25,000 ontop of the $75,000 HELOC, you might be afford the downpayment, closing costs and a small rehab budget.Best of luck!
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23 March 2024 | 10 replies
The size of the data sample required for accuracy is definitely key.
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22 March 2024 | 5 replies
From my perspective a 6% commission has never been required.
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21 March 2024 | 9 replies
The greatest obstacle in the way of the desire to expand portfolios is the need for cash to use as down payments.
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23 March 2024 | 8 replies
However, it is important to familiarize yourself with the legal eviction process in your area and follow all required steps to ensure a smooth eviction process.
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22 March 2024 | 13 replies
One of the brokers said he could send me dealflow but required that I sign a non exclusive representation agreement.
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20 March 2024 | 4 replies
My name is Lalo and I'm new here. i live in Astoria NY and I'm looking to buy my first multifamily property with a FHA loan or something that requires a small amount for the down payment.
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22 March 2024 | 7 replies
Should I request a receipt for this charge, even though it's below $600 and may not require a 1099 form?
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22 March 2024 | 12 replies
All 3 typically have different requirements.
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22 March 2024 | 6 replies
It is easier to use as LLCs have requirements like separation of assets (personal and LLC assets are to be separate) in order to not be pierced for asset protection.