I so respect what you two are doing. Educating and bringing up the next person. We need more of this in the African American community. I will continue to watch your content and support. Thank you. 🙌🏾
Could you make a video explaining step by step how to buy your first out of state rental property for someone who has never bought a property? How do you find a property manager, realtor, or etc? During which step of the process should these individuals be contacted? Do you need your realtor if you are going to make offers to a bunch of property, or do you only need your realtor when you find a property you will for sure purchase? Thanks
Great video investment property pricing can be expensive..since you already have property now may be a good time to just refinance as a second home or even purchase as a second home....be happy to educate you just so you are aware
Great content, thanks for sharing! Conventional financing requires minimum 5% down for personal residences and typically 20% down for investment properties.
Also with conventional loans, you are not required to escrow your property taxes. You can decide to pay them at the end of the year instead of paying them on a monthly basis.
When approved for a home, Do banks want customers to pay off closed accounts? If your credit score is 650, 0 collections and open accounts are in good standing. Is it hard to get a loan?
It depends on the bank and other factors as in your amount income and debt. I would suggest work on increasing your credit score as this determines how much interest you will pay and ultimately save you 10s of thousands or cost you 10s of thousands
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I so respect what you two are doing. Educating and bringing up the next person. We need more of this in the African American community. I will continue to watch your content and support. Thank you. 🙌🏾
Wow. Thank you so much! We enjoy sharing.
Could you make a video explaining step by step how to buy your first out of state rental property for someone who has never bought a property?
How do you find a property manager, realtor, or etc? During which step of the process should these individuals be contacted? Do you need your realtor if you are going to make offers to a bunch of property, or do you only need your realtor when you find a property you will for sure purchase? Thanks
Great video investment property pricing can be expensive..since you already have property now may be a good time to just refinance as a second home or even purchase as a second home....be happy to educate you just so you are aware
Love love love what you all are doing!! Please keep it coming!
Thank you! Will do
Great content, thanks for sharing! Conventional financing requires minimum 5% down for personal residences and typically 20% down for investment properties.
Very true thanks for sharing
Also with conventional loans, you are not required to escrow your property taxes. You can decide to pay them at the end of the year instead of paying them on a monthly basis.
Very true!! Thanks for adding this
Super informative! Thanks for sharing!
No problem. Thank you for checking out our video
Thanks for sharing !
No problem, thanks for checking us out!
Very informative. Thanks for sharing.
Thank you!!
Great info
Glad to hear! 🙌
dope video...… where can I get one of those shirts
Hey thanks! You can grab these shirts at dynamicsmusic.net/product/grind-on-100-t-shirt
Why don’t a lot of people talk about USDA loan? Is there anything wrong with one?
There are a lot of guidelines. One of which is home must be in what's considered a "rural" area
UC-Davis , hmm good school!
Yes
When approved for a home, Do banks want customers to pay off closed accounts? If your credit score is 650, 0 collections and open accounts are in good standing. Is it hard to get a loan?
It depends on the bank and other factors as in your amount income and debt. I would suggest work on increasing your credit score as this determines how much interest you will pay and ultimately save you 10s of thousands or cost you 10s of thousands
Do you know if I can use a HELOC for the 20% down on a rental?
Yes absolutely