Luis Gonzalez
Buying a Multi Family
1 May 2020 | 3 replies
You can do this by showing a favorable debt service coverage ratio (does it still cash flow at 75% occ), purchased below comparable sales, etc.
Nick Pierce
What would you do if you were 16 again, getting started in REI?
30 April 2020 | 8 replies
Let that grow for a few years in the background as you start your path to learning.As far as building credit, just have mom add you as a authorized user for her card, which would issue a card in your name, and let her just shred it or something if she's concerned about usage... what will really matter is you get some credit history that matches her use of the card... caveat here is only if she's good at paying things off... if she has bad credit habits, you'll just inherit that... but yeah, then once you're at 18, you'll have 2 years of credit history that hopefully is good, and you can leverage that towards your first loan with much more favorable terms than your average 18 year old.Recommended reads...Set for Life by Scott TrenchDrink from the fountain of information that is Investopedia.comAnd of course... keep up here on BP.
Sheryl Sitman
COVID-19 Influence - Which real estate markets will do best?
24 April 2020 | 0 replies
Usually, landlords enjoy more favorable conditions in red (Republican) states and municipalities where laws are more landlord friendly - easier to evict, for example.
Gaurav Malhotra
Assigning a 2nd lien to one partner
24 April 2020 | 2 replies
However, I am not in favor of this for various reasons.
Ryan Corcoran
Commercial Lender MA
30 April 2020 | 6 replies
However, there is dramatic illiquidity in the marketplace and secondary markets are still not healthy enough for shops to offer favorable terms.
Anna Catron
COVID 401k loan or distribution?
5 November 2020 | 13 replies
Gotcha, as long as you have a solid reasoning and logic, I'm all in favor of taking the (calculated) risk.
Jake Ernst
Real Estate License?
27 April 2020 | 9 replies
I think it's a great thing to do, even if you don't plan to be an active agent, just having access to the MRIS and real estate wherever it works in your favor as an investor.
Anthony Simboli
Single Family Home Not Selling - Wilmington MA
28 April 2020 | 24 replies
It still seems people are buying and selling but the inventory of homes has decreased which I though would play in my favor given the people still wanting to buy had less options which would push them towards my place.
Marco Cruzatt
COVID 19-Buying a duplex in Southern California
6 July 2020 | 11 replies
We have been approved thus far and are officially in motion.
Cody Jackman
Will this Duplex/Storage Unit Combo Cash Flow?
28 April 2020 | 2 replies
Now I know the agent and have a good relationship which works in my favor.