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Results (10,000+)
Robert Bourne Financing on first property
18 September 2018 | 4 replies
If you haven't already, it would likely be worth your time to start having conversations with some of your local bankers / credit unions about your options around conventional financing vs.
Aaron Bitner Tips on financing Rehab costs
20 September 2018 | 6 replies
Do I have other products available to help with this?
Jake S. HELOC vs Cash Out Refinance on Primary Residence
18 September 2018 | 6 replies
SO what I guess I am saying is watch your DTI....Decide whether you want to have that line of credit available or if not. 
Robert Carney Recommendations for a lawyer to set up our business structure
20 September 2018 | 4 replies
Are there circumstances where some investors might choose to use separate bank accounts and credit cards for each Series? 
John T. Question about creating a LLC
18 September 2018 | 8 replies
The decision on how to vest title may come down to the best loan product available.  
Michael Guydish What would you do with 200k in cash as a starter?
20 September 2018 | 8 replies
@Michael GuydishFirst I would talk to lenders to get a feel for what products for my strategy.Then I would buy a value-add multifamily property for cash, then rehab it, get tenants at market rent, then refinance most of my money out, and do it again.
Jason Howell Buying down interest on long term buy and hold loans
18 September 2018 | 0 replies
I'll use an example with similar numbers because I want to truly understand the reasoning here:On the high end, the interest rate would sit around 5.75%, at the cost of -.125 points (ultimately resulting in a lender credit of $164) and a P&I of $766 per month ... on the low end, the interest rate would be 5.375% at the cost of 1 point (around $1300) with P&I of $735 per month.Given that info, this is to say that if I planned on holding onto this property more than 42 months (that's $766-$735= $31 per month... then $1300/$31=41.94 months), then it would make financial sense to pay down the percentage rate up front at 1 point because beyond 42 months, I'd be saving money every month...
Jared Pruett Who to hang my license with.
21 September 2018 | 8 replies
I am all about efficiency and time blocking, and this "running around" was detrimental to my productivity.
Rob Barry How Much Rehab for New Section 8 SFRs
18 September 2018 | 1 reply
I would absolutely spend a little more for more durable products.  
Mark Donohue Buying my first Owner Finance
18 September 2018 | 0 replies
Also, in step 3, is it possible to us a home equity line of credit?