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20 July 2024 | 14 replies
Personally, I feel a newbie getting into a triplex in an area they dont know, which could have low income characteristics is a mix for disaster.
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20 July 2024 | 2 replies
An example of this would be mixing your personal money and LLC money in the same bank account.3.
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19 July 2024 | 5 replies
States that do require a license to lend/broker on 1-4 Resi Investment Properties: CA, ID, OR, NV, AZ, UTStates that do require a license to lend/broker on 5+ Multi/Mixed Use or Commercial properties:CA, ID, OR, NV, AZ**not legal advice - do your own research.
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20 July 2024 | 15 replies
If StayFi gets their act together you could use them, but I'm also one of those people that has mixed feelings about their way of collecting emails.
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19 July 2024 | 1 reply
The asking rent growth rate of the metro's eight underlying submarkets over the past 12 months has been mixed, with cumulative change rates ranging from 1.9% (San Gabriel Valley) to -3.0% (South Bay).Competitive Inventory, Employment, AbsorptionTotal employment in the Los Angeles metropolitan area increased by 14,200 jobs during the first quarter, representing a growth rate of 0.3%, while industrial employment contracted by 2,043.
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20 July 2024 | 10 replies
If you have solid gross income, a bank statement loan may work since you have a mix of w2, schedule C, and schedule E income.
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20 July 2024 | 28 replies
My handyman couldn’t even get paint today because the machine at Home Depot couldn’t mix it thanks to the CrowdStrike software update that caused a global tech outage.
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19 July 2024 | 13 replies
Considering your goal of house hacking a duplex, while FHA loans are common for first-timers, there are alternative financing options to explore:Conventional Loans: Need more credit and down payment, but offer flexibility. 203K Loans: Ideal for fixer-upper duplexes, bundling purchase and renovation costs.VA Loans: Great for vets—no down payment, competitive rates, and no mortgage insurance.Portfolio Loans: Private lenders, good for unconventional income or credit histories.Hard Money Loans: Quick, high-interest, good for investments or major renovations.With $30,000, mix it up—use it for a down payment, maybe pair with a conventional or FHA loan.
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19 July 2024 | 36 replies
Drinking plenty of water and bringing along nuts/trail mix or a piece of fruit while out on the road has definitely been a plus in my experience.
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19 July 2024 | 8 replies
It's a mix of things, takes trial and error along with time chatting/networking