Kyle Carter
Forclosed housing informational - personal experiences
9 January 2025 | 4 replies
What are the benefits and drawbacks of buying a seller financed home?
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
It’s a cleaner, more reliable solution, and while the higher subscription cost can feel like a drawback, it’ll save you a lot of headaches and time in the long run.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
Another draw back is short term your expenses will be higher because you are paying the mortgage plus paying back the loan but that is a short term draw back until the loan is paid back.How it works: I have experience with my wife's company and mine, each is a little different.
Sara Habtom
What type of loan should I go for as a first time investor?
2 January 2025 | 4 replies
The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.
Marc Shin
Changing my primary mortgage to a HELOC
30 December 2024 | 5 replies
Main goal of All In One heloc or 1st Lien Position Heloc: Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
But what are the drawbacks?
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
The only draw back I have is that AMEX isn't accepted everywhere but otherwise we like our AMEX Blue Business Card.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
One draw back OSS it’s about 5 hours away from me so I would have to a local PM to over see it.
Christian Bobby McLemore
Intro to me
14 December 2024 | 6 replies
Not having any other investors around is a drawback, but where do you live and have you even looked for real estate investing meetups closest to you?
Frank Dean
Section 8 rent
8 December 2024 | 12 replies
I would be careful about doing something in an effort to "make positive cash flow".Section 8 has its pros but there are an equal number of drawbacks.