Christopher Powers
Is $1000 a month a good enough amount for a house hack?
Hi everyone. I’m looking to do my first deal and after crunch the numbers, I’d be looking at about $1100 in positive cash flow a month. I’d be doing a 203k loan to get some work done. After the year I’d be able to ren...
Kemi Okafor
What credit score is regarded as good enough to consider a tenant?
I'm planning on renting out a newish SFH in Georgia. It's in a nice quiet neighborhood for the area, rent is close to $3000. Over 3300sqft. Has been lived in by only 1 family since it was built in 2019 ago and they to...
Michael Smith
Is a lease from LegalZoom good enough, or do I need an attorney?
Hi BP, I don't mind spending the extra money to have a RE Attorney create a lease for me if that's what it takes, but if a lease from LegalZoom covers all the bases then I'd be happy to save a couple hundred bucks... ...
Chad Statham
Any forms or templates available for Promissory Notes
I am using my SD IRA and need to create a Promissory Note secured against Real Estate. Does anyone have any resources or examples of such a note for Texas? The custodian also ask for a Mortgage, HUD/Settlement State...
Adam Demchik
House had mold..was cleaned with bleach and primed with Kilz...is this good enough?
Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...
Wen Guo
Why short term loan in the purchase?
Hi fellow members, I read the BRRRR strategy that when you buy, you should always borrow short term loan with hard money, and then refinance it with longer term loan. But why can't you start with 30 year loan and then...
Michael Paul
private money
If you have family members who want to invest in your endeavors, what kind of contracts do you need? Do they need to be on title? Do you use a tenancy in common agreement? If it's just capital Would a promissory note ...
Mallikarjun Reddy Pateel
Private Money/ Hard money for Bad Credit
if the Deal is Good enough that has 2.0 DSCR, is that Possible for me to get a Private Money/ Hard money loan for the Rental Properties I'm Planning to Acquire? my Credit is around 600 IDK if that's Good enough or not...
Justin O'Malley
What to do while I'm saving for my first property to build credit
Howdy folks,First of all I would like to thank anyone and everyone that has responded to my previous posts! This website has been massively helpful in getting my mind right to work towards my first real estate propert...
Ali Boone
Poll for Jacksonville Turnkey Buyers
Hey turnkey buyers! I'm looking for folks who are doing the turnkey thing in Jacksonville (through any provider, I don't care who or have ties to any of them).I'm pondering whether I should start working more with tur...