6 May 2025 | 8 replies
If it were me, I would be curious to see if pulling a HELOC would affect my DTI enough to impact what I qualify for on a purchase.
6 May 2025 | 3 replies
Quote from @Michael Steinbergen: Tax delinquency recordsI've heard that one way to generate leads is to view tax records for properties to see if someone might be behind or delinquent.
7 May 2025 | 9 replies
Welcome to the game, Carlos—glad to see you're ready to shift from learning to doing.
6 May 2025 | 7 replies
Quote from @Blake Bailey: Hey guys, I am hoping to be a first time investor here within the next couple weeks I have found a property in my hometown That is a Home that was built in 1936 and it used to be a duplex but now it is a single-family home but I believe if I purchased it, I would reconvert it into a duplex but anyways it is a 2100 square-foot property That has three bedrooms and two bathrooms right by the college in my town The seller says the only issue is that the wiring needs to be brought up to code and she is only asking 125,000 which to me and everyone I know seems to be an insane deal It also has new HVAC and a new roof just needing to see the inside but just wondered what I should do first in this situation to figure out if it is worth it or not just really panicking.
6 May 2025 | 10 replies
I wanted to see if there were any recommendations on good management companies, and ones to avoid.Did a bit of research on my own and came across R&L property management.
4 May 2025 | 5 replies
Builders use their over inflated prices to set the market and that is what allows them to offer such ridiculous "Builder Credits" same as a Seller credit which can go toward closing costs or buying the rate down.Home prices are starting to look promising in many states not just San Antonio for example Indiana, Ohio, Florida, TN, NC, SC, GA Oregon and a few more.
6 May 2025 | 22 replies
I would definitely go over the numbers with your accountant first to see if a 1031 exchange makes sense for you.
6 May 2025 | 4 replies
After all, we'll probably never see interest rates like we did in 2021 again.
7 May 2025 | 12 replies
Yes I can see the benefit of picking a niche for sure!
4 May 2025 | 9 replies
Insurers see tenant-occupied properties as higher risk due to factors like increased liability and less frequent maintenance.