19 February 2025 | 27 replies
Fee is non-refundable.
21 February 2025 | 1 reply
I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way?
21 February 2025 | 0 replies
I just got signed up with Rent Redi and would like to import the previous monthly rental payments into rent redi to have it correctly dispalying the lease terms with rent owed.
20 February 2025 | 9 replies
I'm making two assumptions here - it will take you a year to get the tenants out, and so you are cash flow negative for a year, and that year of negative cash flow is a lot less than the loss in sale price you will need to take to get it sold as-is.
18 February 2025 | 43 replies
How did you achieve this type of cash flow?
20 February 2025 | 23 replies
When analyzing deals, aim for 15-20% cash-on-cash return, 50-70% occupancy, and at least 2-3x your mortgage in revenue.Good luck!
21 February 2025 | 13 replies
Assuming you have the MLS data you are interested in mapping (which you'd have to get from someone who has MLS access if you don't since you want sold prices and Texas is a non-disclosure state), you could create your own map using batchgeo.com.
21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
19 February 2025 | 8 replies
Using simple numbers, assume I want to purchase a $100,000 property using crypto as collateral:- I pay the closing costs with cash- I put down 10% down payment with cash ($10,000) - I utilize a crypto mortgage for the remaining 90% ($90,000) This way, I still keep my crypto and I have a property, both of which may accrue in value over the long-term.
21 February 2025 | 11 replies
Purchase price: $740,000 Cash invested: $1,300,000 Sale price: $3,850,000 I refer to this project as a new construction house hack, as I secured a primary residence construction loan for a two-family home.