Chad McGibbon
Advice on maximizing equity in investment properties
1 March 2024 | 5 replies
This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance
Patricia C.
Trying to purchase multiple properties
29 February 2024 | 8 replies
On your current properties, though, this raises the danger and leverage.Partner with Additional Investors.Speak with a Mortgage Broker or Financial Advisor: A specialist can guide you through the mortgage application process and provide tailored advice.
John Smith
Purchase/Assignment Junior Deed of Trust for Redemption Rights After Foreclosure Sale
1 March 2024 | 7 replies
Also not sure why anyone would redeem this property as they would then be liable for the 2nd position lien potentially, whereas they could just by it from the first if they sell it free and clear.
Tristan Bennett
DSCR Home loans
29 February 2024 | 10 replies
Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.
Anna Greta Taylor
Rec on who to get for Cost Segregation Studies for STR?
29 February 2024 | 14 replies
Don't hope, speak with an accountant before you get the cost segregation.You don't want to spend thousands on a cost segregation that may potentially not help you.Best of luck.
Hayden McDougal
I'm 18 in HS, Is getting my RE license the best way to get involved w/low capital
29 February 2024 | 8 replies
I currently don't have any bills, so being a real estate agent and making deals could potentially help build capital.
Polen NA
Brand new to RE but excited with potential
28 February 2024 | 6 replies
I’m interested in learning all about RE investing for cash flow and to have freedom of time, location and have a cash flow of 5k/mth from RE investment. My thoughts are to start with single family/duplex and look forw...
Jay A.
Questions to ask Turnkey Providers
29 February 2024 | 12 replies
If they provide you one, I would still say I am getting my own.I would ask for full demographics of the area, including incomes, home prices, education levels, crime levels, etc.I would want to see full tenant application and any pertinent backup verifying income, employment history, landlord references, etc of the in-place tenant.I would want to talk to the property manager, if they are coming with the property.
Nick Johnson
Beginner looking for advice
1 March 2024 | 34 replies
I am actually looking at potential house hacks in my area but I guess I’m kind of picky that if I did go that route I would eventually want it to be my family home in the future so I wouldn’t just pick any house to do that.
Account Closed
Using MLS to find Seller Finance Deals
29 February 2024 | 14 replies
What are some creative ways to search the MLS for potential seller finance deals?