
6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.

6 January 2025 | 11 replies
It doesn't take long to learn how to spot a good deal.6.

6 January 2025 | 4 replies
Not sure how long you have worked at your brothers business but the general timeframe is 2 years

6 January 2025 | 25 replies
I feel bad for the pitbulls, they need to go somewhere but the owners also need to be responsible with them and as long as you make that clear then you shouldn't have a problem.

6 January 2025 | 11 replies
I think in this scenario, I would advise against it. 5 years is a long time to pay off a HELOC, which doesn’t have a fixed interest rate.

6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.

6 January 2025 | 4 replies
I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

6 January 2025 | 2 replies
Currently still favor the house rental for MTR and long term strategy in ABQ, but I don't think you generate any solid cash flow unless you can get a turnkey 2BR for under $250K.

5 January 2025 | 0 replies
Purchased my 1st rental property last year in Cleveland, a 2unit MFH with 10beds between the 2 units.

3 January 2025 | 4 replies
So, spread the word with your investor contacts that you are licensed and you are keeping your eye on opportunities in the market for them.