3 November 2025 | 12 replies
As mentioned by others, there are a few things to take into account.Here are the financing options and requirements based on the # of units:2-4 unit - Residential propertyMin 20% downDSCR 1.0+ (lower DSCR with higher down payment)No experience OR net worth requirement2-8 unit mixed use (commercial space can't exceed 49%)Min 25% downDSCR 1.2+Need to have investor experience of at least 1 yrNo net worth requirement5-10 unit - Residential propertyMin 25% downDSCR 1.2+No experience OR net worth requirement 10+ unit - Residential property (mixed used is possible)Min 20% downDSCR - Dependent on market size - can range from 1.25 - 1.5+At least 1 sponsor has to have investor experience - multi-unit of approx similar size OR multiple smaller multi units adding up to at least 12 unitsCombined net worth of all sponsors should be greater than the loan amount - this is after the down payment and closing costs, and not counting equity in primary.
16 November 2025 | 2 replies
I see you mentioned a single family home is what you’re looking for.
16 November 2025 | 1 reply
He also mentioned that I wouldn’t qualify for anything higher right now.
11 November 2025 | 6 replies
Also, since you mentioned Michigan, i'm wondering if you're looking for people just from Michigan.I've been investing for the last 15 years and I've done hundreds of deals and I've owned hundreds of properties.
16 November 2025 | 1 reply
He also mentioned that I wouldn’t qualify for anything higher right now.
9 November 2025 | 9 replies
I live in Columbus now and own rentals here, and those areas you mentioned like Grandview, 5th by Northwest, German Village, and Short North are all great long-term plays with strong appreciation potential, but just keep in mind cash-on-cash in those core neighborhoods can get tight since they're in high demand.
14 November 2025 | 15 replies
If you take money from stock gain or crypto you will pay taxes on it- as mentioned you may get some deductions from real estate but it's deferred down the line
15 November 2025 | 47 replies
Did I mention they START the relationship off with a lie.
16 November 2025 | 10 replies
Hi,To replace roof one contractor says 14k (he says 40 squares) to remove and replace:shinglesventsroof boots3 sheet plywoodinstall matl drip edfge everything upto GA building codeTo repair below he says 700$repair 4 roof bootsreplace rotten woodreplace missing shinglesremove empty wasp nest paint piplescaulk exposed nailsMy PM say 7k (he says roof measurement is 30 squares not 40 squares and mentions other contractor who says 40 squares is lying)to remove and replace:shinglesventsroof boots3 sheet plywoodinstall matl drip edfge everything upto GA building codeplus synthetic underlayment and architectural shingoes (not 3 tab) and ridge ventsHow to know who is giving right quote and doing right work.what is meaning of the squares.When I know I need to replace roof ?
9 November 2025 | 15 replies
If you haven't seen results, it might mean to try a different strategy, focus on one aspect or give up and move on.You mentioned several different topics from investing, wholesaling along with different areas such as Texas, Florida and New York.