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13 July 2018 | 36 replies
Really think about that, there's a lot of range between a house in perfect condition and something that needs a full rehab.
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16 July 2018 | 13 replies
(Side Note: if you really want to jump your credit score in a few months (because it takes time for the reporting to update), and if your disciplined with your spending try this;1st) I went and did the math to see what my positive cash flow each month off my active income (let’s say you’ve got $500 left over after you go through your monthly spending avg. which is all you kick out vs what you bring in)2nd) Go get a credit card with 0% interest for 12mths with NO higher than 5% transfer fee.( their are some with low as a 0% transfer and I had got that one on my 2nd round cause my credit wouldn’t let me at first)3rd) do a transfer balance after 24- 48hrs of opening the card (Nope you don’t need wait to actually get the card just call in and tell them over the phone to send a Blanche transfer check to your bank account in the amount of your car Balance; because you’ve only got a 30day window of transfer with 0% interest for the 12mths)4th) PAY YOUR CAR OFF IN FULL, and take your old car note (let’s says it $450mth) plus your $500 positive cash each month and add all $950 each month to pay against the balance on the card5th) in 45days start checking your CreditKarma app (its free) and don’t worry about the 5% if it’s larger than your car loan % because once you’ve paid your car off your score will go up and in a couple months of $950 your car will be paid OFF not in 2more years or so...Thus saving you probably more than $2,000 in interest on the car loan (so you get to keep $$) and time in payments.Your saving money on interest (keeping it in your pocket thus making your pocket bigger!
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13 July 2018 | 3 replies
I would suggest that you get a full time w-2 Job and do real estate on the side.
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11 July 2018 | 3 replies
We will rent it out full time once we move.
10 July 2018 | 2 replies
It is my understanding you need to have the full required points.
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11 July 2018 | 3 replies
It will take talking to a lot of community banks if you don't have additional funds to showcase liquidity reserves and a higher net worth, as the loan will be full recourse.Partner up - combine your equity with a couple other investors to have 30% equity ready for that $1 Million property. - Tim
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11 July 2018 | 0 replies
I'm currently an Engineer by trade, working 3 nights per week, so I will use my days to work as an REA until I make the full transition.
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11 July 2018 | 0 replies
I currently have two cash flowing properties in Charlotte and I am currently looking for a third property.Like many of you my goal is financial freedom but it has been a slow process since I still work full time.I am looking to do a refi on one property so that I can purchase the third property.
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1 August 2018 | 8 replies
I currently have two cash flowing properties in Charlotte and I am currently looking for a third property.Like many of you my goal is financial freedom but it has been a slow process since I still work full time.I am looking to do a refi on one property so that I can purchase the third property.
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17 July 2018 | 1 reply
Hi All,Who do you recommend for licensed full service inspection companies?