
16 August 2024 | 23 replies
@Kevin S.If you are getting an average return of 7% in your 401k and have an option of converting that to self-directed and then invest in real estate and as a result, get 20% return - does it make sense to switch?

17 August 2024 | 15 replies
I was able to screenshot those charts from the video and had Gemini convert into Google docs.

16 August 2024 | 5 replies
If the Pizza Shop is leased and paying rent, I see no reason to convert.

15 August 2024 | 1 reply
I converted to AppFolio several months ago, and the settings have never been correct.

15 August 2024 | 2 replies
Looking to convert it into a 1 bedroom apt.In need a of a contractor who can handle this.

15 August 2024 | 6 replies
Hey, there, I'm currently getting approved for a single family loan to convert a large square footage Single family Into a 4 unit, then 5 units apartment building.cash out refi later and put that cash into a bigger building deal. also say a hud multifamily loan requires 10% down and 10% in the bank ( of purchase price ) but do i have to do this?

15 August 2024 | 4 replies
Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.

15 August 2024 | 1 reply
Sale price: $325,000 Bought my first property 2020 for my primary residence and was able to purchase another property in 2024.Moved into the new property and converted my 2020 property into a rental.

15 August 2024 | 9 replies
Hey everyone, I converted my previous residence into a rental and have a VA loan locked in at 2.75% for 175,000.

15 August 2024 | 8 replies
When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...