Real Estate Investing #TipTuesday
Get a steal of a deal - scoop up something way undervalued? Maybe a grand residence in a state of disrepair picked up at an estate sale? An off-market listing with a desperate seller? Don't Forget to do THIS ⬇️⬇️⬇️ Tip: Make sure to document the CONDITION property and get an independent report on VALUE. That means, EVEN if you secure the purchase, spend the extra time and $ to run comps and ideally get a BPO or even appraisal. You want rock solid documentation for the true value

Really interesting podcast here on "Creative Financing" including some amazing stories of 100% LTV IO loans at something like 3/4% interest in today's market
biggerpockets.com/blog/on-the-ma… Moral of the story is that if you can get these seller-financing deals where you can get properties worth millions for 0% down and low-interest debt, amazing opportunities to build wealth

What is Plex Real Estate Investing?

Nothing, I just made it up. But we may be entering a goldmine for investors of residential multi-unit properties

Duplex, Triplex, Quadruplex, Quintuplex, Hexaplex, Sextaplex, Octoplex?

Made up words Or the biggest opportunity in 2022? (🧵)⬇️ First a lesson in real estate values. Real Estate investors (especially new ones) can get confused on how their properties are valued, specifically Single Family Residences vs. Multifamily Properties (2+ units). The value is determined in COMPLETELY DIFFERENT ways

Looking to pay a higher interest rate to finance your next investment property? Choose a non-QM "DSCR" loan for your next investment!😉

OK - higher costs aren't fun, but here are 5 ADVANTAGES when it comes to choosing this financing option, even with a little higher cost (🧵)⬇️ 1/ No DTI
DTI = "Debt to Income" Ratio. It means how much conventional (W2) income you have compared to the loan you are taking. The lender will qualify you through your work wages - very difficult if you have multiple properties or a non-W2 job! (freelance or self-employed!)

5 Misconceptions about the BRRRR Method of Real Estate Investing (🧵) The BRRRR method of real estate investing (Buy ➡️Rehab➡️Rent➡️Refinance➡️Repeat) has become a popular strategy in recent years to maximize gains in investment real estate

Are DSCR Loans Still "Worth It" with Spiking Rates - Thread (🧵) If you are a residential real estate investor, you are probably aware by now of the unprecedented recent rapid rise in rates