Wilson Vanhook
Is This Creative 0 Down Payment Strategy Possible?
8 May 2024 | 5 replies
That means I brought $100k as my down payment and paid about $20k in closing costs, so I'm all in for $120k out of pocket and my loan note is for $400k.Second Leg:Loan Note: $400kCash Out Refi Amount Request: $500kClosing Costs: $10kNow for the second leg here, let's say almost immediately after closing within a month or so, I want to do a cash out refinance to pull my entire down payment out.
Michael Frank
Best prefab and modular construction lenders?
6 May 2024 | 14 replies
It shouldn't be a big problem as long as the lender is very clear with the builder about the process up front.
Samantha Santaniello
Property Management companies in Memphis TN
10 May 2024 | 36 replies
Once I got an inspector in there, a lot of issues came up.Not to mention, seems like every single of their properties is priced at exactly the 1% rule - meaning negative cash flow if you factor in vacancy, taxes, and repairs.
Todd Holman
Misc properties and investments since the late 80's
8 May 2024 | 0 replies
Cash is king Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Julio Gonzalez
How to Choose a Cost Segregation Company
9 May 2024 | 2 replies
By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.With the increased popularity, it has created an increase in cost segregation companies and technologies all trying to offer quick and inexpensive reports.
David Yonwook Chung
Getting into Wholesaling (primarily), flip and BRRRR
8 May 2024 | 1 reply
It is hard to get enough cash to get started here in California, so I am looking to grow my capital through wholesale and fix/flip.
Kyle Steiner
10 Loan Limit - Will Bank Lend to One Person if 2 are on title?
7 May 2024 | 5 replies
I'm writing an offer on a property that I'm planning to pay all cash for.
Ana Vhan
Which home type is better?
8 May 2024 | 13 replies
Good schools and great neighborhoods typically means higher purchase price and lower cash flow.
Jonathan Snider
STRs in Multiple States
9 May 2024 | 13 replies
Some folks say that you get the most profitable places you can find and just spend the cash on where you want to go.I do like the idea of having places in various areas to both offset off seasons plus visiting.You have to ask yourself, how often will you do that.
Avinash V.
Help needed : is it worth converting to STR/mid term
6 May 2024 | 8 replies
Here’s the investment details10k for revamp and fully furnishing 5k upfront fee for design and management $500 flat fee for the managementFYI I have already spent like 15k on the property 2.5 years ago to set up.Thanks for looking into this.