Alan Bostick
Buying 1st Short Term Rental in The Great Smokey Mountains!
15 March 2023 | 17 replies
The Mortgage Shop (https://mortgage.shop/) is a great place to get started for lending, they offer a wide array of products and are very knowledgable about STR.In regard to insurance, I also recommend reaching out to someone that is familiar with the STR space.
J. Martin
SFH, 2-4 units, or 5+ Multifamily - WHY do you choose one?
22 April 2014 | 26 replies
Borrowers have been experiencing the Horrendous and Crippling effects of Over Regulation Nation via the Dodd Frank Act, just ask anyone who has closed or tried to close on a loan over the past years.Even though some banks are now starting to look at 1-4 units, if purchased in the name of an LLC for Business Use Only (i.e. 12 month of more rental), as Commercial (not subject to Dodd Frank Act), the vast majority of Banks do not and are implementing very strict lending guidelines on 1-4 units.Therefore, from a "Borrowing" side and if you need flexibility, you may want to stick with 5 units or more.Investors have loan options at 75% LTVs or higher CLTVs in the upper 4% range with 30yr amortizations on these type of Commercial properties.Hope this helps.
Brieana Burrs
Hello my name is Brie
29 January 2017 | 4 replies
@Brieana BurrsYou have come to the right place to connect with the wide array of real estate professionals and investors.
Mark Karamalak
Greetings from Vancouver WA!
27 November 2021 | 9 replies
@Mark KaramalakYou have come to the right place to connect with the wide array of real estate professionals and investors.
Ben Rutkevitz
Paradigm Life, Infinite Banking, Whole Life Insurance
10 January 2023 | 134 replies
They claim there are certain tax benefits to this structure as well and that this system is vastly superior to the traditional banking one.
Account Closed
Is the Real Estate market really not going to take a hit?
31 October 2020 | 392 replies
And that can be printed, but the vast majority of money is *loaned into existence*.
Scott Benton
Recasting: Mortgage Hack Your Way to Increase Your Cash Flow
29 December 2021 | 62 replies
For the vast majority of people, their passive income flows through to their personal return where they will pay taxes on it at their marginal rate.
Laura Guy
For those that "haven't been affected by eviction moratorium"
16 September 2021 | 77 replies
We are faced with challanges that are so vastly different than ever before, going back to how it was in the good old days (when exactly was that anyway??)
Account Closed
Dump Your Real Estate Agent
2 May 2021 | 84 replies
I do find that the vast majority of unrepresented sellers and buyers just want to cheat and get the work done for free or at the expense of the party that is paying.
JD Martin
Kiyosaki has spoken - October economic crash coming!
9 October 2021 | 60 replies
And I know its not the vast majority on BP s method of investing..