Jake Barone
Confusion on purchasing first investment property
27 March 2024 | 6 replies
So you decide if you want to put it in the LLC or your own name.If you do it in your own name, and live there, you will be able to take a personal residence loan and qualify for loan programs that only require say 5% down + closing costs.
Kamil Sekulski
Strategy to buy a few houses in 3 years
26 March 2024 | 7 replies
I'm basically looking for a strategy, which would work in my case.
Andrew Syrios
The Silent War on Landlords That No One Is Talking About
25 March 2024 | 3 replies
How do laws like this consider a requirement for the income to be 3x rent?
Kevin Kim
Can I ask potential tenant credit score and house income even before showing house?
26 March 2024 | 5 replies
This allows me to have some basic information ahead of time and if I want to be able to set up a phone call as well prior to showings.
David Fals
First Real Estate Investment
27 March 2024 | 9 replies
that would lower your down payment requirements - you could keep your primary as a rental, and move into a househack.
Andreas Mueller
The Fed's "No Landing" Scenario may mean Stagflation.
27 March 2024 | 0 replies
I’ll wait.Protect your downside, watch your 6, trust but verify, invert always invert, avoiding stupidity is easier than seeking brilliance, avoid crazy at all costs… all reiterate the same basic idea.
Alex Jacobs
Newbie interested in House Hacking and SFR with Downpayment Assistance
27 March 2024 | 5 replies
Reduced down payments are possible for multifamily buildings using financing options such as FHA loans, which are less expensive than traditional loans.Find local programs that can help with a down payment, look up programs in your region, get in touch with lenders or mortgage brokers in your area, and fulfill the eligibility requirements by attending homebuyer education workshops.
Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
26 March 2024 | 39 replies
if your doing fha va then your basically 95% leveraged and you should not expect positive cash flow until rents rise a tad.. have small negative cash flow on a highly levered deal is not a bad thing I you have a quality property and you believe rents and values will rise over time.Virtually every investor for instance that invests in the SF bay area is negative the first 2 to 5years but then they kill it on appreciation..
Barrington Smith
License general contractor
26 March 2024 | 3 replies
Quote from @Barrington Smith: Contractors that give free estimate in the Fort Lauderdale areaHey @Barrington Smith that’s going to be a somewhat tough task, and it comes back to basic principles of those who crush fields:-the guy who does great work often values his time a lot and won’t give a free estimate-the guy who is hurting for work often will.
Derek Tuohy
Contractor charge $150 to give estimate / bid?
27 March 2024 | 11 replies
If you want me to drive to you; provide consultation, lay outs, code requirements etc, then I charge for that.