Brian Howse
Rent / Condo / Duplex?
27 April 2024 | 1 reply
Duplex is a great first step into the REI market if you can buy one that you can put in a little TLC/renovations, you can quickly refinance in as little as 6 months and buy another property keeping it as a rental.Duplex allows you to use the other "Unit" rents to qualify for the loan or higher loan amount.Rent is a waste of money when you look at an amortization schedule and payoff based on a 5 year model your rental has (ZERO) equity and a home has money you can pull out.
Kingsley Ogwuegbu
Structuring a Wraparound mortgage
26 April 2024 | 6 replies
A few tips:Make sure your friend sends an authorization to the underlying mortgage servicer allowing them to share account information with you in perpetuity.
Roy Jones
New Wraparound laws for Texas
26 April 2024 | 4 replies
The third-party Note Servicing company would take the buyers payment and pay the underlining lien and pay the wrap seller the difference.
Rohit Sareen
LLC advice for first time investor
27 April 2024 | 5 replies
Should I use online services like LegalZoom?
Steven Sullivan
Starting Out Today with Low Income
26 April 2024 | 25 replies
I’m working on an Amazon-based side hustle at the moment, and have been trying to break into tech for the last year with 10 personal apps set to release on the App Store sometime this year.
Stacy E.
my first eviction
28 April 2024 | 6 replies
I use apartments.com but there are other services as well.
Margarita A.
Mental block buying your first property
27 April 2024 | 19 replies
I then proceed to show them comparable sales in the area and a report we pay for that shows projected appreciation rates based on a variety of data. 2.
Nathan Myers
Thoughts On Clayton Morris
26 April 2024 | 23 replies
Maybe it's a human nature thing and I evolved from some other strain of extinct Neanderthal that made decisions based on need rather than social acceptance.
Donald Blair
American or Canadian Bank for Martgage
26 April 2024 | 14 replies
I am a lender that works with a lot of Canadian clients investing in the U.S. specifically Florida who are often comparing their Canadian bank with lending options based in the U.S.
Yair Zarmon
Starting out with $250K. What would you do?
27 April 2024 | 15 replies
The truth is, about 99.5% of lenders who offer conventional mortgages in the US won't lend to someone who isn't based in the US, even if that person is a US citizen living abroad or works for a US company.