Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...
Hi BP. I am ready to get started in the STR market, and I'm a little overwhelmed. (I have previous experience with LTR of 3 condos I no longer own.) I want to hit the ground running and cannot afford to make costly m...
Hi all, I am just starting on my real estate investing journey with my current primary residence in the extended suburbs of Minneapolis. We are planning to list it as a long term rental. The house has a few amenities ...
I recently received my license and have interviewed with a few brokerages. I thought I’d come in here and see if anybody has any advice. Here is some background information on me. I reside just north of Austin. I ...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
Hi All, New investor here. Currently reading Michael Blanks, "Financial Freedom w/ REI" book. Does anyone have experience, feedback, or opinions with using the "Syndicated Deal Analyzer " excel system? Thanks!
I have a prospective tenant with a credit score of 577. He shared his Experian credit report with me but was surprised that his score dipped down to 577. He explained that it had gone down at least 100 points becaus...
Hello. I’m new to this forum. I recently got into development, so I’d like your input on my 1st project.
My investing partner and I built a house for $500k. It Appraised at $700k.
We’re thinking of refinancing th...
My brother just graduated from college and now has a good job. He is interested in buying a house and renting out one of the rooms. I was wondering what you guys thought about this idea.
Also, since he is going to be...
So my middle credit score is 614 my high is 652 my low is 638.I have to have a 640 for an fha loan and it's looking grim before being able to fund this deal before the end of march. I know I can qualify for that loan ...