Alex S.
Escrow shortage, so Mortgage going up to cover it, and losing cashflow on Rental Prop
19 April 2024 | 9 replies
I have 2 other rentals that ideally can subsidize this, so, would I be better off holding onto it for the long haul and evening out eventually, or selling the property and getting something else?
Hoa Nguyen
HELOC vs Hard Money for a flip
19 April 2024 | 11 replies
Hi Hoa,- Hard money is fast efficient, expensive, it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.
Patrick Shep
BRRR with 200-300k. Need advice
19 April 2024 | 3 replies
BRRRR is great but chances finding a deal and getting all your money out with light rehab is slim to none unless you find your own lead.I operate in Baltimore in C+ areas which is still cheaper than many even wholesalers are overcharging for their off market deals.You either have to do heavier rehab or find a deal without a middle man.
Ethan Loop
Jobs in Real Estate Investment Group's California
19 April 2024 | 0 replies
I know this isn't the conventional way to job search but I have been firing off applications for almost a year now and haven't been hearing back so I wanted to give something else a shot.
Lynette Guy
Leaving Evolve Vacation Rental
17 April 2024 | 35 replies
@Lynette guy I have been trying to contact Evolve as we are renting a place through them for Christmas as tenants (not hosts/owners) and they have not responded any of our communications via air BnB platform.
Ahamed AM Ali
Buying Investement Property in Roseville CA or Sacramento CA
19 April 2024 | 9 replies
Would be opened to a fair off market deal.
Jacob Lopez
Tools/programs you recommend for calculating monthly rental estimates?
16 April 2024 | 16 replies
Bounce questions off your realtor as well as they have access to the MLS.
Praveen Van
loan without impacting credit score/history (DSCR loan)
19 April 2024 | 15 replies
@Praveen Van Not sure on a DSCR loan specifically but I have similar commercial loans, that are based off the rental income of the property.
Rajib Bahar
Are there legit sites to report Bad tenants in Texas?
19 April 2024 | 4 replies
If it's not more than $5K, you're probably best off moving on.
Ahmad Basiri
Land purchasing (agriculture)
19 April 2024 | 1 reply
Once you find the right tenant, it is a pretty hands off investment.