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26 May 2024 | 4 replies
A good option might be a hard money loan for the front end at high leverage (15, 10, or at most 20% down) and then adding value and pulling out equity via a DSCR cash-out refinances qualified with AirDNA projections.
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26 May 2024 | 28 replies
I’d do a cash out refi and use all that cash to buy as many C+ class rentals as you can with 20-25% down.
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26 May 2024 | 11 replies
Your ONLY cost in a rental is the cash you come up with.
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28 May 2024 | 26 replies
You don't make enough to pay lawyers, fines or anything else from your cash flow.
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26 May 2024 | 27 replies
Does it cash flow positively or is it all "upside?"
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26 May 2024 | 0 replies
Purchase price: $213,000 Cash invested: $13,000 This is a Townhouse located right outside of Forman university.
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26 May 2024 | 0 replies
Purchase price: $174,000 Cash invested: $21,000 On-market 100 year old home, purchased from the MLS.
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28 May 2024 | 68 replies
The cost of make-readies can eat up a year's worth of cash flow.
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27 May 2024 | 9 replies
I do understand the draw having a tenant do this service and save some money, but sometimes paying the extra cash if worth more in the long run.Good luck,Noah
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27 May 2024 | 9 replies
Hey @Andy Yu - echoing what @Eric Hajdu brought up, your best solution for a quick fix is likely going to be to offer a buyout money or cash for keys.