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9 February 2020 | 0 replies
I want to get in the investment game and was thinking of buying a duplex, living in one side, renting the other, and renting our current house (4 bed, 2.5 bath split entry). 1)What's the best way to get capital for the duplex with little saved?
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10 February 2020 | 1 reply
They were able to stay in it because their pockets were deep enough to sustain them for years, not just a few months.I'm not saying don't get into the game, I'm just saying make sure you find people who have been in the game during the highs and lows of the real estate cycle and mimic what they do.
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14 January 2020 | 21 replies
@Hayden W Gibson great to see you already getting in the game!
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28 April 2020 | 16 replies
They have conservative leverage, put high skin the game, have been through multiple real estate cycles with no investor money lost and have very favorable tax treatment.
13 January 2020 | 5 replies
Fannie and Freddie aren't the only game in town of course, but that's where the good rates on a 30YF with reasonable fees are to be found (assuming you don't have a rich uncle, etc).Fannie matrix --> https://www.fanniemae.com/content/eligibility_information/eligibility-matrix.pdfFreddie matrix -->http://www.freddiemac.com/singlefamily/factsheets/sell/ltv_tltv.htm
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15 January 2020 | 10 replies
While most, if not all banks now require a seasoning or waiting period of at least 6 months, this can hamper deal flow, and seem like an eternity in the real estate game.
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28 January 2020 | 4 replies
It's a numbers game.
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14 January 2020 | 7 replies
These are peoples lives, not a game that when you want to change the rules their lives get upended so that its easier for you.
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20 January 2020 | 6 replies
You should also purchase the Cash Flow game.
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15 January 2020 | 5 replies
I feel like I have more skin in the game to make the repair correctly than the seller does while he offloads the property.