9 October 2021 | 2 replies
Sometimes at this point I see a PM change, looking for a cheaper solution to save money where it was lost.
6 January 2022 | 5 replies
Typically folks will get a high interest loan initially because the property is at a discount and wouldn't fit the criteria for a traditional mortgage (fixer upper, cash only).The refi portion is to place a traditional mortgage on there so that you'll have a manageable monthly payment which rent will cover as well as cash in pocket due to the equity that was present.The goal is to control the property with as little money down as possible while positively cash flowing so I'm not sure if get 2 traditional mortgages accomplishes what you're looking for.
14 October 2021 | 11 replies
Depending on the project you could be a partial owner of a Multifamily Complex controlling 200+ units in the sunbelt with a small investment.
8 September 2022 | 8 replies
Hello everybody I am a new investor and I am so lost on how to hire a virtual assistant and train them on how to find off-market deals.
12 October 2021 | 14 replies
Three days of lost work at $300 is about $12.50 an hour for three days at 8 hours.
11 October 2021 | 2 replies
In most cases if you are buying correctly, the new deals cash flow should cover more than you lost with the higher mortgage payments.
12 October 2021 | 8 replies
Question 3: Is the longer term solution for the theoretical LLC that I control to own multiple assets, in which case they and their cash flow would be considered by mortgage lenders for future mortgages?
13 October 2021 | 59 replies
That's usually the best way from the beginning to keep everything under control.
20 October 2021 | 3 replies
I never intend to evict, but it is the last recourse you have as a housing provider and if the tenants know you won't actually follow through then you will never be in control again.
13 October 2021 | 5 replies
I took control of my life and told myself I will only focus on those things which "TRULY" bring me happiness.