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9 August 2024 | 5 replies
I have been listening to the bigger pockets podcasts for a very long time and have been in analysis paralysis for years.
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10 August 2024 | 5 replies
Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow.
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5 August 2024 | 16 replies
For 18 years, I thrived as a mortgage broker in Texas, helping countless families achieve their dream of homeownership.
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10 August 2024 | 10 replies
It's updated yearly and is the best $40 you'll spend as a Landlord.
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5 August 2024 | 3 replies
I'm in Florida and do not have a realtors license.
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9 August 2024 | 1 reply
This year I signed up for sessions there like underwriting multifamily and cashflowing multi family in high rate environments and I'm excited to hear what they have to say, plus it's in person so lots of good networking to learn from others.
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6 August 2024 | 49 replies
Also a licensed agent in Colorado.
9 August 2024 | 0 replies
Purchase price: $460,000 Cash invested: $50,000 My wife and I purchased a duplex in November 2022, lived in it for a year, and now rent it out using a long-term hold strategy.
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6 August 2024 | 29 replies
Eventually I retired from my W2 on rental income and became licensed myself.
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9 August 2024 | 13 replies
I think 95% of the time you will be fine, so I would probably check the box, do a good job with pics and descriptions accuracy and deal with the 1-2 problem people per year.