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12 October 2020 | 34 replies
Of course, if you have little or no other income source and the real estate earns only 6% net while each $1 borrowed requires 6ct to service, the 30% coverage income rule would only let you borrow 30% LTV, the lender will allow higher LTV because a distressed sale will be ok for lender, but the borrower will likely lose everything.
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13 October 2020 | 7 replies
Some lead sources I'm working with throw out deals that require all cash.
11 October 2020 | 1 reply
However I have a few doubts:1) Is there any source geared towards non citizens on buying property that I could look into ( books, or brokers)?
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13 October 2020 | 0 replies
Any sources that I could turn to for help?
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17 October 2020 | 9 replies
@Benjamin Sussman - the assessor is never right and shouldn't be considered a reliable source
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14 October 2020 | 1 reply
Invest in a variety of marketsInvesting outside of where you live is one of the best ways to source great deals.
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13 October 2020 | 0 replies
I’ve been exhausted with my career direction and understand in need to continue a professional career, but am hyper motivated to learn how this will become my main source of income.
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20 October 2020 | 47 replies
@Aaron Macken Typically, you’ll want to check multiple sources (e.g.
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25 October 2020 | 8 replies
I know I wasted 10 years not doing my research or buying what I should have bought to diversify but I guess I thought I would never have to worry about living without the security of those sources of income.
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14 October 2020 | 10 replies
There are some great ways to source a local team.