17 December 2020 | 4 replies
I recently saw an article on here about Maximizing ROI on renovations, and while the article was super helpful, it got me thinking: what specific renovations have you found produce the most bang for your buck?
23 December 2020 | 4 replies
@Jamall Steele Brian Elam at Innovative Closing Solutions is the guy to talk to
19 December 2020 | 2 replies
Hi guys,I'm looking to make my first property purchase in PA and I'd like it to be income producing.
17 December 2020 | 1 reply
The first one was turnkey, I haven't had to put a dime into it yet and it is producing a monthly cash flow of $475.
19 December 2020 | 8 replies
My rental property friends are on Hemlane and they have one of the most robust and innovative property management platforms.
25 February 2021 | 7 replies
The first position will continue through foreclosure in order to remove the other liens, apply the safe harbor for the hoa and mitigate their losses.So data wise concentrating in disqualifying characteristics will allow you to assign the investment strategy to each scenario.Its definitely a fun challenge but very time consuming in my opinion real-estate is in desperate need for innovation.
17 December 2020 | 3 replies
We'd like to put a portion of this down on a second, better house for us and rent our current place or buy a second home / duplex to rent out.We would be cash positive on our current place by a very healthy margin if rented even with the cash out refi factored in.We have the opportunity to buy a duplex right now that in our conservative estimation would also be a cash positive situation if we can get the financing right. 5% down, 30 yr note would produce around $900 cash flow with conservative estimates on what each side would rent for.The problem I've run into is the first couple of lenders I've tried are saying 25% down and no more than 15 yr note which kills the deal for us.
3 January 2021 | 5 replies
DSCR will look at the income the asset is producing rather than your income.
8 January 2021 | 15 replies
@Dan Fine I just went through clearing a Make Safe Violation on a property I had purchased in Nov 2019.
24 December 2020 | 6 replies
I’ve made the move from doing deals for pure income, to a mix of income producing plus cash flow, and towards the end of 2019 I was considering how to start to mix in some wealth building activities.