Eddie Borio
Explosive Rental biz -Lessons Learned with dishonest partners
25 June 2019 | 2 replies
We invested cash and took on traditional investor loans.I uncovered that there was a bit of cash out financing going on to free up money for more houses.... essentially pulling out all the created appreciation profit, and leveraging it to buy more new homes.
Lynne Garris
How do you know when you truly can trust your cashbuyer ?
28 June 2019 | 7 replies
Essentially its expected market price at resell.4) Take 70% of the ARV, subtract the cost of repairs, subtract a small Assignment Fee (your finders fee) for yourself.5) That number is now your MAX offer.
Lisa Ballesteros Juden
Refinance investment property from 4.357% to 3.875%
27 June 2019 | 5 replies
Essentially everyone that purchased last summer, when rates were at 7 year highs, should be looking into it.
Yuhua Lin
Investing in Sacramento and Elk Grove, CA
1 July 2019 | 3 replies
They don't come up often, and when they do they go fast.Remember that Elk Grove is essentially a suburb of Sacramento, and what are suburbs full of?
Angelique F.
So I jumped on the band wagon and bought a fixer upper..........
1 July 2019 | 53 replies
You are essentially paying the same except depreciation allows you to keep more cash up front.
Kate Murphy
Turnkey condo in Dorchester questions
2 July 2019 | 15 replies
Essentially, if you establish a relationship with a local bank, they might say "we're not going to count the rent as income, but we're also not going to count the investment property as debt because you are fully servicing it through the rental income."
David Stone
Mortgage with Escrow (PITI) or without (PI only)?
28 June 2019 | 1 reply
With a recent change in insurance, we were told we would get a refund from one company, asked to pay the next, but will still be paying escrow monthly which means we will be paying double essentially this year for insurance on one property.I am leaning toward paying insurance and taxes myself.
Helen De la rosa
Bye Bye Dollar, Buy Buy Gold?
19 July 2019 | 88 replies
If you can find a strong, cash flowing property... you're essentially a commodities investor just like a metals investor is.
Account Closed
Best Property Management Software -get me off these excel sheets
28 September 2019 | 19 replies
Essentially we treat each entity as a different property owner.
Matt Blake
Commercial Property... Doesnt make sense to me... Change my mind!
29 June 2019 | 3 replies
Lastly, by using your heloc, you are essentially buying with 100% financing and highly leveraged properties are hard to cash flow in general.