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29 April 2024 | 10 replies
My experience: 6 years of real estate brokerage in South Florida, + One successful flip with a $300k revenue.
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29 April 2024 | 5 replies
I did my first 1031 exchange with First American Exchange and they helped me through the process to ensure I was following all of the exchange rules properly.
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28 April 2024 | 13 replies
I am fortunate to experience great success with my first property, however, with interest rates being higher than what it was in 2022, I was wondering if any investors in my area are finding any deals in this current market condition.
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29 April 2024 | 5 replies
We are still in hte process of buying when we find the deals we can work with.4.)
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28 April 2024 | 10 replies
But, I’ve seen many people recover from similar or even much worse situations, and go on to have investment success.
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27 April 2024 | 12 replies
Would have saved, saved saved that money from roommmates and repeated the process again every year or two.
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28 April 2024 | 5 replies
I think you can be successful with MFHs, but the opportunities are not as great as other investment strategies.
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27 April 2024 | 3 replies
Everything I've heard from people that were successful using another primary loan for their next house hack is in line with @Daniel McDonald.
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29 April 2024 | 4 replies
I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.
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28 April 2024 | 3 replies
Still, I am early on in the education process so I am looking for any connections and advice I can find.