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22 September 2020 | 0 replies
What is best option to fund: 30yr 400K fixed rate loan with about 4% interest (250K reno and 150k to make payments until we get renters) or HELOC still 400k but with floating interest initially about 3% (10draw/20pay) Thoughts?
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25 September 2020 | 7 replies
If renting, you will need to see if the property will cash flow once financed (assuming you are looking to finance this once built, which would be max 75% LTV for a 2 unit property (max 70% LTV if you cash out).As for financing, I think that may be tricky, since you would be initially distroying value as you demo the original house.
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25 July 2021 | 3 replies
It'll be a mix of on demand videos, live Q&A sessions, and a step-by-step curriculum to help you get your next deal.
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14 January 2021 | 2 replies
I will be paying the initial amount only, and I don't want to be the only responsible person for the future maintenance or customization charges(I don't mind being a part of the same, but can't fully afford the entire cost!).
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4 October 2020 | 2 replies
I typically like to start with an initial phone call to discuss your investment goals/experiences, answer any questions you have, and tell you all about what our company has to offer.
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26 September 2020 | 6 replies
Which is why initially I didn't think it'd be a problem.
26 September 2020 | 4 replies
Back to my example above, I buy the house initially with 50,000 cash, rehab for 15,000, then refi for 100,000.
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30 September 2020 | 6 replies
We’ve at least settled on a broker for the purchase: Second City Real Estate-Brie Schmidt.Since I learn best by being hands-on, I would initially like to be my own property manager for the first property or two.
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28 September 2020 | 2 replies
She initially said she’d take this approach but then came back a couple of days ago and said she’d talked to her roommate and he and the guest said they’d move out by the first rather than show the insurance paperwork I asked for the dog and pay her for their share of utilities.
5 October 2020 | 2 replies
Remember you never truly know who you are talking to so treat people fairly despite any initial presumptions you may have.