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20 July 2024 | 4 replies
Depending on the location STR is going to make the most money because condo rentals are an attractive option due to the amenities.
22 July 2024 | 7 replies
Also, connect with other like-minded people in your community and attend as many in person meetings at your local REIA groups to network and connect + find out about off market deals and get on local wholesalers "buyers lists".Best of luck!
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22 July 2024 | 8 replies
The construction financing is a program that requires the builder to already own the lots. you need a money partners / equity partner.. the vertical loans will want first position.
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20 July 2024 | 11 replies
For example, condos may require more money down on a DSCR loan, especially if it non-warrantable.
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20 July 2024 | 13 replies
Everyone is hoping for a Detroit turnaround, especially with the big money investors.
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20 July 2024 | 4 replies
For example, I know many people who have bought a house in Ewing for $200k and it's renting for $4000+ a month and this person has put maybe $50k into it over a couple years including a new roof, updated cosmetics, and was able to BRRR out all the money.
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20 July 2024 | 8 replies
It is not "funny money".Just for giggles:Mortgage fraud is covered under the 2009 FERA (Fraud Enforcement and Recover Act).
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22 July 2024 | 2 replies
I’m aware that getting money back is less likely, but I’d like to report them and put it on their record.
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19 July 2024 | 3 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.