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Results (10,000+)
Jennifer T. Do you always try to cash out the max LTV? Which of these 2 lenders would you choose?
4 September 2024 | 7 replies
Property ARV: $450kTotal in: $350kMonthly rent: $4000Monthly taxes & insurance: $530[Loan 1] (via broker)75% LTV1.5% origination fee ($5062)Other fees: $1595 underwriting + $1295 processing (=$2890)Interest rate (floating): 7.25%5 years PPPMonthly P&I: $2,278Rent - PITI = $1,192***If appraisal comes back high enough, may be possible to do 80% LTV at 7.99%[Loan 2] (direct lender)70% LTVNO origination feeOther fees: $1,395 underwriting + $695 processing (=$2090)Interest rate (will not change): 7.375% 5 years PPPMonthly P&I: $2,152Rent - PITI = $1318---------------------------I really like how there's no origination fee with lender #2 so I get to keep more of the money I pull out.
Angela Marquez New to Orlando, FL and REI! Looking to network and learn.
9 September 2024 | 4 replies
I don't do anything STR nor do we manage it so I can't answer many of your questions, but there are tons of great people on here and resources.
Carole G. Has anyone done business with Lief Simon-LiveandInvestOverseas
9 September 2024 | 4 replies
So, my advice...stay in your own country to invest and stay away from places you cannot speak the language and from people you cannot hold accountable.
Becca F. What makes someone qualified to be a guru/coach/mentor?
6 September 2024 | 19 replies
They are doing one on one calls.
Dan Madsen II New to the world of real estate.
10 September 2024 | 2 replies
On Thursday 9/12 Prosperity Real Estate Group is hosting an event at Heights Social (also 6:00PM-9:00PM) There's drinks, raffles, and fun at both so hope you can make it!
Jane Dang Roof Replacement on Rental Property
9 September 2024 | 19 replies
I talked to the roof company and they said it is very complicated so I didn't.  
Cliff Song Advice on creating an LLC before first property.
9 September 2024 | 9 replies
You can keep all your properties under one roof, so to speak.Cost Considerations: Keep in mind that setting up an LLC comes with some costs, like filing fees and compliance stuff.
Carlos Martinez Insurance concern on new property
10 September 2024 | 3 replies
The roof needs to be fix sooner than later so might as well, do it now. 
Account Closed August Jobs Report Could Give Clues About Upcoming Fed Rate Cuts
9 September 2024 | 2 replies
Analysts predicted about 160k new jobs, so it's still slightly off compared to experts' best guesses.
Priya Gosar Student Rental - Buffalo NY
10 September 2024 | 3 replies
So now on 1st September my property is vacated and needs some TLC but their broker wont show it to anyone till the work is completed.