Ben Bolingbroke
Multifamily Investing Mentor
1 May 2024 | 24 replies
Depending on what the program offers, they could partner on deals with you, you could leverage their credibility, they can help you get financing on loans you would not be able to qualify for alone, and if the group has a network of people that collaborate you get access to awesome people all working towards similar goals.
Huzaifa Ahmad
Looking for guidance on buying my first property
1 May 2024 | 8 replies
None of this is true in todays market though, you pay more per month to buy than rent anywhere in our area & frankly the country at this point, so it takes time for both having bought to be worth it and to move out and make cash flow, there are very few if any properties that are “value add anymore” I’d know because I look At 17 counties daily for deals & if there’s one I’d have bought one, heloc’s are bad debt ar this point, usually double digit debt, again all of these issues are solved with those but if your gonna live somewhere for a year or two he would probably rent and no amount of realtor ******** changes that, this market is different than a low interest rate environment and people owe thier clients at least to properly explain that to them.
Derik Hammer
How much security deposit?
1 May 2024 | 8 replies
In my definition of a "good tenant", they are people who work hard to have choices in life.
Yoav Gilad
Creative deal flow... what are YOU doing to maintain or increase your growth?
30 April 2024 | 12 replies
You need to find people who WANT to sell.
Christopher Tacchi
Can We Transfer Title to LLC With Same Loan?
1 May 2024 | 3 replies
A lot of people are buying houses sub to where ownership of the property transfers to the buyer but the existing loan stays in the sellers name and the buyer just takes over payments.
Pete Ganze
Refinance Paperwork Nightmare
1 May 2024 | 4 replies
As others have commented - DSCR Loans tend to be a great solution for people in your exact scenario - fed up and tired of giant hassle and paperwork for conventional or bank financing - not worth the often pretty small benefit in rate or terms.Check out this article I published last year on BiggerPockets on what to expect documentation wise for DSCR Loans - they have become a nice blend between solid underwriting and doc sets needed, but not too much (and not too little like notorious "no doc" loans)https://www.biggerpockets.com/blog/what-documents-do-you-nee...
Brandon Chung
When is the best time to establish a legal entity (LLC, S Corp, etc.) for REI?
1 May 2024 | 4 replies
Too many people think they can simply buy a property personally and then transfer it to an LLC.
Amanda Green
Bought an Elephant at Auction…. Now what?
1 May 2024 | 9 replies
I had a couple people ask me about funding the purchase & renovation, so I am familiar with the project.
John Thomas
Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
Attend meetups and meet as many people in RE as you can.