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7 August 2024 | 13 replies
First it's a very old house (1893) and some of the outlets aren't grounded correctly.
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9 August 2024 | 13 replies
This is just my opinion because in over 18+ years in banking I have had thousands of customers who started off doing fix and flips change gears and then buy and hold.
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9 August 2024 | 5 replies
Hello Kaleb,Years ago, I went to a Mobile Home Park University seminar, and I remember a very similar question.
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9 August 2024 | 2 replies
We both make near 100k each a year and we are tired of our jobs.
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6 August 2024 | 14 replies
Hi, I have a duplex near Newark NJ that I purchased 4 years ago under my name, and have since turned into a rental a couple years back.
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5 August 2024 | 5 replies
We both occupied one unit for 2 out of the last 5 years.
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9 August 2024 | 1 reply
Hello my name is dozar from chambersburg pa , I own a duplex and plan to buy one property each year for 10 years through house hacking method.
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9 August 2024 | 5 replies
I have been listening to the bigger pockets podcasts for a very long time and have been in analysis paralysis for years.
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10 August 2024 | 5 replies
Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow.
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9 August 2024 | 1 reply
This year I signed up for sessions there like underwriting multifamily and cashflowing multi family in high rate environments and I'm excited to hear what they have to say, plus it's in person so lots of good networking to learn from others.