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3 February 2025 | 7 replies
The cause of the 2008-2010 Great Recession was bad real estate loans - if you could fog a mirror, you could get a mortgage!
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7 February 2025 | 6 replies
House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.
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14 January 2025 | 4 replies
The process can vary greatly so it's important to understand it and ensure it works for you.
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15 January 2025 | 10 replies
If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.
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28 January 2025 | 1 reply
For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?
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27 January 2025 | 14 replies
If you’re paying off less than $800/mo on your loan id say sell come April selling season.
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23 January 2025 | 1 reply
Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.
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27 January 2025 | 8 replies
If it is a good business with a hard to finance issue, he'll work with the loan team to figure out how to lend to them.
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27 January 2025 | 17 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)
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30 January 2025 | 45 replies
They then missed out on several more years of growth because they got out of the game and waited on the sidelines for things to look better. 2010 to 2012 was the period that cash investors were the players or those with IRA keep in mind investor loans were still basically non existent in those years for all those expect very well to do Investors beginners were not getting investor loans.