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Results (10,000+)
Marty Boardman What's the more valuable skill, finding deals or finding the money to close deals?
17 June 2024 | 19 replies
I am the kind of person who loves finding deals and am quite good at it but don't have the capital.
Idoko Salifu First National Realty Partners, FNRP
17 June 2024 | 7 replies
Their 12-18% return is a total lie.
Edgar Gonzalez Using Home Equity for Real Estate Investment
17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!
Jared Schott Seller Financing possibilities for phoenix AZ
18 June 2024 | 7 replies
The more expensive a house is the worse the return usually is.
Cathy T. Wanted...bonus CD to "Millionaire Real Estate Investor" book
19 June 2024 | 12 replies
I had called Audible and ASKED if the CD was available...which means I want the info ON THE CD...and the person I spoke to just said the CD was not available with the audio version...so why not tell me that the information is available ON THE AUDIBLE WEBSITE?
Stephen Reyes Using Zillow for rent payments
18 June 2024 | 10 replies
Personally I wouldn't use Zillow, I can only imagine they want to introduce a future fee for the service.
Ashley Ernst Looking for lender that does DSCR Cash Out immediately
20 June 2024 | 23 replies
Hi Ashely,For a cash out refinance, I haven't seen one that can do better than 75% LTV personally.
Cole Payton DSCR or HELOC?
19 June 2024 | 18 replies
Or even riskier: a commercial balloon loan with a high interest rate and a personal guarantee that is due IN FULL after 5 years!
Luke Hoffman Sell or hold- cashflow destroyed by property taxes
18 June 2024 | 15 replies
Then ask yourself what you could invest that net figure into and what returns you're likely to get.
Johnny Braddock Los Angeles - Can I rent out a room at a townhome and can I rent to 2 separate ppl
19 June 2024 | 3 replies
You are not the first person to bring this up.