Ryan McLaughlin
My Manayunk House Hack - SFH to Duplex Using a Homestyle Loan
13 October 2021 | 6 replies
We utilize STR on 30 day minimums to strike a nice balance between revenue and management.
Alex Uman
Big Crum Lynne Flip!
8 October 2021 | 1 reply
This large 1900 sqft single detached home needed a full remodel to achieve a solid ARV for this area.
Bennet Sebastian
Personal guarantees from limited partners
31 October 2021 | 19 replies
If it’s a 40% return as you stated, it should be pretty easy to get someone with the balance sheet, track record, and banking relationships to do the deal with you.
Alberto Leonard
Using equity to fully purchase rental property
27 December 2021 | 8 replies
I took out the HELOC but used a portion of it as the down and another portion for any necessary rehab work but took out a traditional mortgage for the balance of the purchase price.
Kevin Jennings
A couple of rookie questions
15 October 2021 | 29 replies
So even if you spend 140k to purchase and rehab a home and it appraises for 175k when you go for the refinance, to achieve the 1% rule you would need $1,400 in rent not $1,750.
Chrissy Severance
Reading Income statements
30 November 2021 | 9 replies
But it does include capital expenditures, which are often times non-recurring.Combine these two with the balance sheet, and you can get a full financial picture of this asset.
Stephen Brown
Found a Pre-Foreclosure/Probate Deal - not Sure What's Next?
20 October 2021 | 5 replies
@Stephen Brown Seriously not worth chasing this deal; using basic software tools or even a trip to the records office can give you an idea of what the balance is.
Steven Harris
Has Anyone Found Success after Starting with small $ & no income?
13 October 2021 | 21 replies
I've achieved excellent credit by paying all my credit card bills off in full each month and I really like how that feels and looks.
Adam Rosenbeck
Multiple Properties Same HELOC, How to Handle?
8 October 2021 | 0 replies
The issue that I need help with is my HELOC monthly payment is 1% of my balance, so its always changing.
Timothy Hill Jr
How's your Journey to accomplishing your goals going?
8 October 2021 | 2 replies
I hope you are able to achieve you 2022 goals.