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25 February 2024 | 17 replies
If they were coming my way i knew they were rejected everywhere else so I guess they already expected it.
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23 February 2024 | 5 replies
Hi Rose- Few things to note about buying an investment property.1) Expect to be putting down 25%, as this is most lender's required downpayment on "investment" properties.2) You likely won't be cashflow positive unless you are putting >50% down, OR are buying in a C-class or worse neighborhood.3) Starting out with a condo or townhouse could be a great idea if you're just looking to get your feet wet with landlording- It is less maintenance than SFH or MFH, and you will gain invaluable experience managing a tenant.Aside from the financial challenges, I think it's great that you have the mindset to grow your portfolio.
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23 February 2024 | 4 replies
- What would you say is a realistic average annual salary to expect, especially starting out as a new MLO?
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24 February 2024 | 0 replies
Can you please share your thoughts on area in terms of appreciation, cash flow, and future growth in area (economy, rental demand etc)?
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24 February 2024 | 2 replies
They will help you at some future date, though.
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25 February 2024 | 11 replies
And for some people that's ok because they just want to hold and rent out or just hold for future appreciation.
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24 February 2024 | 7 replies
I would love to attend a future meetup with your group.
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24 February 2024 | 5 replies
I'm still very new to all these concepts I need to study a lot to understand well how to be financially creative in the future for my deals.
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24 February 2024 | 1 reply
Luckily the construction was funded last year as a rebound in hospitality is expected.
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25 February 2024 | 13 replies
Good to know for the 15-20% for future planning too!