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10 March 2024 | 20 replies
I will continue to share this so no one else gets scammed and left in debt with no deal closings.
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12 March 2024 | 6 replies
This includes the C/O refinance once you complete the rehab.
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11 March 2024 | 2 replies
Has anyone had any success leveraging debt against your 401k?
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11 March 2024 | 11 replies
Short back story - Became debt free after paying off $30k - Currently have $25k saved - Have been doing research, listening to podcast, read the book on rental property investing by Brandon Turner, and became a ProMember of BiggerPockets (learning how to run numbers with the tools here).
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13 March 2024 | 14 replies
An example is deeding a property valued at $100k from your name to your LLC or vise versa, you're now writing a check for $4,278.00 just to cover the tax payment to record the new deed, not including the recording fee and any fees collected by the title company or attorney representative who facilitates the transfer.
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12 March 2024 | 7 replies
Books I am reading currently include "One Thing" (re-read but for sure top 5 book of all time) and the "The 7-day weekend" which is a contrarian way of thinking about business.
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8 March 2024 | 4 replies
Does anyone list particular debt limits (like, "no debt in excess of $1000 that isn't in a payment plan") as part of their screening criteria?
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10 March 2024 | 9 replies
SO, I am paying $782/mo to rent my house to the renters (not including any maintenance costs)!
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11 March 2024 | 0 replies
Should the time 0 investment only include the cash investment (down payment) or the full purchase price (down payment AND mortgage amount)?
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12 March 2024 | 36 replies
I learned about the power of leverage and used that equity in my two paid off rentals to scale up to 25 SFR with debt (on 18 of them) vs just my original two paid off properties.