Trevor Riley
Deal Finding - what makes it so hard?
4 March 2024 | 15 replies
We can see the BEST investment property available today based on math and analytics, and export that information to investors looking for it.
Christian Camacho
Need help with wholesale contract assignment
4 March 2024 | 8 replies
Hello everyone I’m based out of CT and looking to lock in some wholesale deals.
Brian Quinn
Rental Unit Lead Conformance Advice
4 March 2024 | 2 replies
With the newly passed lead laws, the state seems to be getting much more strict about demanding landlords have a Certificate of Conformance for lead based paint issues on both the inside and outside of the house.
Glen Wiley
considering buying via wholesaling - what are your pros/cons of this
4 March 2024 | 2 replies
Wholesaling can be an alternative strategy in the real estate market, but its success varies based on Richmond's specific conditions.
Nathan Brock
How can I invest in new homes?
4 March 2024 | 10 replies
There isn't going to be much of an opportunity to improve the value of a new build through a remodel so unless your discount is something along the lines of 20% or better, this may not be a good fit for the BRRRR strategy but that doesn't mean that it isn't a good opportunity for a different strategy.Just thinking out loud, maybe it could be a good fit for a lease option or rent to own play.
Dan Aharon
DSCR loans for STR purchase in Florida
4 March 2024 | 10 replies
DM me if you are interested and I can send you our quote based on your profile.
Micah Cook
The "good problem" of not knowing what to do with portfolio equity
3 March 2024 | 1 reply
so most people will have to be as leveraged as possible to scale (at the beginning). as in, keep your LTV high and focus on buying 'as much' ($$) RE as possible. this is if you're doing a pretty run of the mill REI strategy like buy and hold. i came across an interesting guideline once: if you could sell today and net 7x+ your annual true net cashflow, you should cash-out/refi, or sell/1031. think of it this way: if your portfolio in a year is worth 1m market value, and you owe 600k, and have a lender that will do a portfolio loan at 80% ltv, you could cashout refi and get 200k to play with (minus closing costs). when you compare the now-lower cashflow from the existing portfolio (higher LTV & maybe different rate), to what you can do with 200k cash, THAT'S where it gets fun. maybe you lose 1k/mo in cashflow on the original portfolio (literally just made up a number, idk), but you can gain 2500/mo in cashflow with that 200k.. then doing the cashout/refi earned you a net increase in your monthly profit of 1500/mo, plus you're getting debt paydown and appreciation on "more" real estate, probably getting bigger tax benefits, etc.
Shane Lyons
Developer wants to purchase portion of my land
2 March 2024 | 3 replies
We purchased this house based on it being near town, but moderately rural.
Brian Stampe
Zoning battle on nonconforming before code went into effect
4 March 2024 | 1 reply
So I could use this new property as a better home base.
Duarte Marques
Buying a turnkey duplex for section 8?
4 March 2024 | 23 replies
For anyone looking to do section 8, know that you should buy based on market rent, not FMR.