Ty Clemmons
Hard money loans
I recently flipped my first property and it was a cash purchase. I want to start flipping houses with hard money loans. I want to get tips on the steps to obtain a hard money loan.
Lucas Mills
How do I determine if it makes more sense to pay PMI upfront?
I am looking at a 115k property for which the PMI would be $40/month because I'm putting 5% down.On one hand, I could pay the PMI up-front for about $3,300 and increase monthly cashflow by $40, as well as save about $...
Mike Setai
Please help me understand - HML
Hey guys I have a n00b question when it comes to HML. I’m trying to see the value/if it makes sense for me.My typical deal is usually all cash for the purchase + reno. Currently here is a deal I’m looking at (conserva...
Nate Sanow
Average Net Cash Flow ? (Per door)
Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
Jacob Stark
Renter offering 12 months up front
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
Jeremiah Lee
Interest rate comparisons, which is best way to go?
If I were purchasing a SFH as my first investment property outside of my primary mortgage, Is one of these options clearly a better way to go? Assume if I only put down 20%, i'd use the remaining cash to save towards...
Ryan Monier
Potential tenant wants to pay 1 years rent up front!
I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
Kevin Reinell
Flip/BRRRR Carrying Costs Strategy
I have a partner that I am taking down a STR with and we are planning to use hard money to fund purchase + rehab, exit out through a refinance most likely. My question is how do flippers or others experienced with BRR...
Brian Carlson
Wealth Without Wall Street - IBC
I'm interesting in Infinite Banking and poking around at a few different outfits. Anyone have experience with WWWS?
Thanks
John Timmerman
Partnering with a contractor on deals
We are working out a deal to partner with a very trusted contractor that we’ve worked with in the past many many times. But he is requesting some thing that I’m not completely sure makes sense.The deal is for 50/50 Eq...