Jon Dawes
DSCR loans for newbie investor w/downpayment but maxed out DTI
13 June 2024 | 3 replies
Apparently our DTI is too high for the HELOC so we can do a cash out refi but that is less desirable because it means we cannot then get the loan for the rental property despite having 25% down.
Salmin Roebuck
Brick vs Vinyl property quad/triplex
10 June 2024 | 2 replies
Due to current market interest rates, I have a possibility of minimal cash flow with a vinyl property however with the brick property, I'm barely even breaking even.
Julio Gonzalez
Cost Segregation Example on SFH in Fort Worth, TX
10 June 2024 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.
Joshua J Seibel
Land Purchase Agreement
13 June 2024 | 1 reply
I am looking to purchase a parcel of land in Michigan and plan on using cash for the purchase.
Jason Velie
44-Pad RV Park (Future Tiny Home Community) 100% SELLER FINANCED!!
12 June 2024 | 2 replies
The plan here is to have a local (RV Certified) tiny home builder do the marketing to attract buyers that want to buy their tiny homes (cash or 25 year financing) and live in this park, until there are 44 pads occupied by tenant-owned tiny homes, paying $750/mo lot rent, on 1 year leases.
Prabhash Shrestha
Florida rental investment
13 June 2024 | 6 replies
If I do find something, it is usually because it is priced according to condition, but once you value add and bring it up, you've now spent more cash.
Arianna Farinas
Should i buy a Primary or Out of State Investing?
10 June 2024 | 49 replies
Many lenders are hesitant to provide long-term financing to first-time homebuyers, which could limit your funding options.Finally, consider this: if you invest your cash reserves in one property, how long will it take you to save enough to buy your next investment property?
Aimée Hennessy
ISO Someone to Buy Half
13 June 2024 | 3 replies
I get texts/postcards/calls offering me cash for the house a lot, but I don’t want to sell the whole thing outright, I want to retain my ownership and investment and build a property empire with someone who wants to invest - and I’m totally okay with full involvement or silent partnership.
Corbin H.
How to fund massive unexpected repair
10 June 2024 | 40 replies
It's expensive, but this might be the time to tap those "get cash fast" offers from your credit cards.
Luke Masaschi
Planning an ADU & Raising Capital
9 June 2024 | 1 reply
I have already ran all utilities from my original rehab budget but need about 30k more to finish.Now im 22 and really took the gamble putting most of my money into the original deal so savings isn't really an option.