Teho Kim
How to find VA assumable loans?
6 June 2024 | 7 replies
Just found out that assumable loans are a thing for VA loans.
Daniel Carlyle
A Real Estate Analogy
10 June 2024 | 8 replies
.- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.
Mike Schorah
What’s the most creative strategy you’ve seen to buy a house?
9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
Francis Figueroa
NWROI - Brandon Turner's Equation
7 June 2024 | 4 replies
It is a favorable equation b/c you get to include rent savings & loan paydown However, I do not understand how you can use loan paydown for the equation.
Andy Horobec
My First BRRRR!!!
9 June 2024 | 4 replies
I was able to do a DSCR loan and re-coop my entire investment.What made you interested in investing in this type of deal?
Rigoberto Medina
Perhaps a silly question but Newbie needs advice
9 June 2024 | 2 replies
In the BP BRRR calculator, the 1st section in regards to loan details is the purchase loan details, this is self-explanatory enough, but what I noticed was the section of it (required section) asking "Amortized over how many years".
Michael Hearn
Sell vs. Rent -- Please help!!!
8 June 2024 | 11 replies
After years of looking, we finally moved to a bigger house in the same older and desireable neighborhood but with a much bigger loan and interest rate.
Maher Ghazaleh
Interested in flipping houses and looking for connections
12 June 2024 | 20 replies
I hope this can inspire some people and provide any kind of help.
Idalys Samuels
Hard Money/ Private money lender
7 June 2024 | 15 replies
I dont agree with the thought process that a lender is going to provide contact info for their borrowers..
Jake Harrington
Is hard money recommended for your first flip?
8 June 2024 | 21 replies
These operate like hard money loans, without origination fees or draw requests.