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Results (10,000+)
Tammy Elias Change in Management
15 January 2025 | 8 replies
Start by serving proper notice of the management change and request payment details.
Dominic Mazzarella Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
19 January 2025 | 9 replies
I still remember the first loan payment coming due and wondering where that money was going to come from!
Marcus Auerbach Is the Florida market about to correct? (or crash??)
25 February 2025 | 22 replies
For us an average home is 350k 2-3 years ago monthly payment at 4% with 10% down was $1900  and now its $2500 for the same house.FL is filled with people on fixed and low income.
Joe Au Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Monthly payments are fixed.  
Roman Stefaniw Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.
Arshiya Taami is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Jennifer Fernéz Help with this deal!
18 January 2025 | 10 replies
@Jennifer Fernéz I run sum numbers for you with our tool, see comments and pics below before refinancing and post refinancing .Financial Breakdown: Purchase Price: $200,000 Mortgage (LTV 80%): $160,000 Interest Rate: 6% (30-Year Amortization) Mortgage Monthly Payment: $959Upfront Costs: Down Payment (20%): $40,000 Closing Costs (3.5%): $7,000 Renovation Costs: $15,000 1 Month of Carrying Costs During Renovation: $1,548Total Upfront Required: $63,548Year One Rent: Monthly Rent Income: $2,000 1 Month Rent Losses during renovations (-$2,000): -$167/month distributed over 12 months Total Rent Income: $22,000 per year => $ 1,833 per monthMonthly Expenses: Mortgage Payment: $959 Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $275 per month Assuming 5% Vacancy: $92 Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $1,676Monthly Net Cash Flow: $157Post-Renovation Refinancing Strategy after 12 months:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate a portion of your initial investment into a mortgage.
Jackie Paugam Possible Tax Exemptions w Renovation a House
13 January 2025 | 2 replies
all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable. 
Nida Kazmi Mid South Turnkey Homes. Should I invest with this Memphis turnkey?
12 February 2025 | 43 replies
Still waiting on payments to start with the city of Memphis. it was supposed to be October 1st but I haven't seen anything yet.  
Alan Asriants The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.