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So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
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Hello All,I am trying to start investing with the BRRRR Strategy. I am looking into private lenders but my Lender/Agent says he's never heard of a lender giving you 100% purchase and rehab. I bought the BRRRR book and...
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I just enrolled in my companie's 403B tax deferered retirement "match" program. I don't plan to wait that long to retire. I am serious about using real estate as a tool to escape the life of being a paid slave. I just...
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I am new to investing and looking for the best area to start. I am in NY BUT looking to move to either NC, SC or FL in a year. I was looking for either a home or condo by the beach because they seem more easy to rent ...
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Your First Year as a Real Estate Investor:
From:
Matt H
South of the North Saskachewan River
Tuesday 5:37 a.m.
Dear Friend,
It's way too early to be up and writing to you...
But in a few hours I'll be working on s...
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So I bought my first buy and hold for 5K. Repairs needed.. if I do it cleverly, about 10K.the rent there is 900- 1200 per month.But of course there is also a bad.It is in a not-so-good area and the house needs work. B...
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I would like to know which companies you are utilizing for your solo 401k and why.
Thanks for the feedback.
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Hi everyone, so here’s the story. I played in the NFL for 8 years. While playing I always said that when I retired I wanted 10 properties and no debt. I was afraid that if I allowed debt to pile up while playing, and ...
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I have entered a knowledge-consumption stage, and due to there only being so many hours in the day, I must be efficient with my time. I have read perhaps a dozen RE books, with each of them saying more or less the ...
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What is the current status of the eviction moratorium in Minnesota? What, if any, protections do landlords have?