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8 March 2024 | 9 replies
Glad to hear things are going well...Learning can stimulate tremendous growth in a very short period of time depending on how you use what you learn.One thing I'd highly recommend doing, if you haven't started doing so already, Is to download audible and start listening to books on the areas in which you're looking to learn/invest.BP has published many very valuable books on many different subject including BRRRR, investing with little/no money down, estimating rehab costs, property management... to name just a few.This is a journey, not a sprint, so take your time, adjust to being in it for the long term, and FOCUS!
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6 March 2024 | 22 replies
If rates fall later this year as forecasted, it could be worth factoring in the possibility to refinance and bring my mortgage down low enough to continue renting it as a short term rental or consider renting it mid or long term.
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6 March 2024 | 5 replies
This cost variability depends on factors such as system design, property size, soil type, and system capacity requirements.
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6 March 2024 | 3 replies
Days on market are less as well which shows me that demand is still very much there.With affordability and inflation playing the biggest factors into why a lot of buyers are settling with a condo or townhome to start in hopes of moving up to something bigger and better as the market continues to appreciate and trend upward.I fully anticapte the remainder of this year to be a very busy one with a lot of buyers entering back into the market with talks of rates coming down in the Spring.
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7 March 2024 | 0 replies
With over 18+ years in Real Estate including wholesaling, investing, flipping, etc.... drop me a DM with any Michigan qustions.
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7 March 2024 | 5 replies
Let's break down some factors that might impact your cash flow projections:Finding a duplex in the $300k–$400k range might be difficult in NYC due to the city's comparatively high property costs, especially in upscale districts.
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6 March 2024 | 13 replies
Many people think you have to be at a particular job for 2 years, but that’s not usually the case.The biggest perks of DSCRs are not having to provide income or employment history/docs, DTI isn’t a factor and you can close in an LLC.
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7 March 2024 | 2 replies
Resources including books, forums, podcasts and personal experiences would be very much appreciated!
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6 March 2024 | 7 replies
Most lenders...us included...treat the flip/rehab/bridge loan and the permanent financing such as a DSCR loan separate financing facilities.
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7 March 2024 | 8 replies
Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!